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Businesses set to benefit from North Sea gas and oil exploration

Nearly 17,000 people work in the oil and gas supply chain in the East of England.

Billions of pounds is about to be spent in the next phase of gas and oil exploration in the North Sea and businesses in our region are getting the chance to bid for work.

An event is taking place outside Dunston Hall in Norwich today where businesses can find out what opportunities there are for them.


Commuters could end up forking out an extra £400 a year

It was announced today that the average season ticket price could increase by 3.5% in January.

That's based on today's inflation figure of 2.5% - and another 1% added on top for investment.

But with train companies allowed to put tickets up by another 2% - it means commuters could face a hike of over 5%.

Which could mean commuters forking out an extra £400 a year.

Abellio Greater Anglia respond to rail price rises

Responding to the publication of July’s Retail Price Index (RPI) inflation figure of 2.5%, which helps determine season tickets and other regulated train fares for 2015, an Abellio Greater Anglia spokesperson said:

"Government decides the average change to regulated rail fares, including season tickets, each year. The details of changes to rail fares will be confirmed later in the year. We recognise and share the importance that rail passengers place on value for money and improving train services in our region, and we're working with our stakeholder partners on initiatives including the taskforce which has been established to make the case for greater investment in the Norwich to London mainline.

"We have also worked with the Department for Transport to secure a £20 million investment in a package of service enhancements to be delivered during the current franchise to October 2016, including a major refresh of the carriages on our Norwich to London intercity services, and more capacity.

"We will also continue to build a positive case for the next long franchise to help in bringing about the major enhancements to rolling stock and infrastructure for the East Anglia rail network that we all wish to see."

– Abellio Greater Anglia
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Passengers 'paying fair fares for comfortable commuting'

Rail Minister Claire Perry said she sympathises with passengers who have had to contend with "inflation-busting fare rises almost every year over the last decade" but insisted the Government was committed to "fair fares".

What we have got to do is make sure rail passengers, who could be forgiven for thinking 'What on earth am I getting for these rises I've seen over the last decade?', start to realise that they are paying fair fares for comfortable commuting.

– Claire Perry, rail minister
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