Posts Tagged ‘Train Fares’


Full steam ahead for £8 billion investment


Friday, November 26th, 2010

The Government today announced a planned £8 billion investment in the UK railway network. It plans to introduce about 2,100 new carriages on the rail network, which will increase capacity on the network by 17% and enable an additional 185,000 passengers to be carried at any one time.

However, we still have 10 years to wait, as  Transport Secretary Philip Hammond admitted the carriages won’t come into service until 2019! Here at www.247Moneybox.com we think that’s an awfully long time to wait before we see improvements!

Commenting on the new carriages, Gerry Doherty, leader of the TSSA rail union, said: ‘Passengers will obviously be pleased that this will ease their cattle truck-style journeys but they still face a giant 30 per cent jump in their fares over the next four years just to pay for the privilege of a seat. So rail passengers will foot the bill now in their rail fares for improvements they won’t see for the next ten years.’

Share this post:
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google
  • LinkedIn
  • MySpace
  • Reddit
  • Slashdot
  • Technorati
  • StumbleUpon


Off-peak and advance fares could see sharp rises


Wednesday, August 19th, 2009

Following the Government confirming that regulated fares for passengers, such as season tickets, would fall last January, travel watchdogs have warned that train operators will try and regain their losses through other measures, reports Times online. These other measures to recoup their revenue - so-called ’stealth charges’ - include increasing the cost of parking and advance fares.

These warnings have shown substance following the First Great Western train company announcing rises of up to 20% on some off-peak services. Regulators do not monitor these off-peak services so there are no limits as to how much fares can be raised.

The fare reductions for regulated fares have been hailed as the first ‘in a generation’, and aim to encourage more people to use train travel and avoid more environmentally damaging means of transport, like cars. Some companies have been allowed to increase prices; West Yorkshire PTE will increase fares to enable investment in additional trains. London’s mayor, Boris Johnson, has been put under pressure from requests for more funding to British transport to cover the ‘black hole’ of investment there; this will make it difficult for Johnson to freeze fares for Underground and bus networks, which he controls. Boris promised in December that a ‘reduction (in RPI) will, of course, be fully reflected in the fare package’, a proposal that will come under a lot of strain.

Are you finding that expenses are getting too much for you each month? Are bills going unpaid and threatening to increase through penalty charges and late fees? If so, it sounds like you need a little injection of cash to deal with those steep payments you are facing at the moment. Here at www.247Moneybox.com we can offer you the chance to cover your costs with one of our payday loans. We can offer you a competitive loan, which provides cash quickly and with minimal hassle from paperwork or faxing. So visit our website and see if you qualify for a payday loan!

Share this post:
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google
  • LinkedIn
  • MySpace
  • Reddit
  • Slashdot
  • Technorati
  • StumbleUpon