Following the announcement of an average 2.2% rise in rail fare from January 2, industry body the Rail Delivery Group said that money from train fares is fed back into rail services.
Over the next five years, Network Rail is spending on average £27 million a day on a better railway, alongside commitments made by train companies to improve services. That will mean more seats, better stations and improved journeys.
For every £1 spent on fares, 97p goes on track, train, staff and other costs while 3p goes in profits earned by train companies for running services on Europe's fastest growing railway.
The industry is continuing to work together to get more for every pound we invest to enable government to make fares decisions which work best for passengers.
More rail passengers will pay more than £5,000 a year for their season tickets from January 2.
Announcing an average 2.2% rise on rail fares in 2015, industry body the Rail Delivery Group said the rise is the lowest average rise for five years.
However, many season ticket holders will find their average rise will be greater than their annual pay rise.
Rail fares will rise by an average of 2.2% from January 2, 2015, rail industry body the Rail Delivery Group announced today.
Rail passengers heading into London following the bank holiday are facing severe delays tonight on one of the UK's key train routes.
Overhead wire problems between Peterborough and Stevenage have caused extensive disruption to services on the East Coast main line heading into London King's Cross.
The problems have affected a number of train operators who have warned passengers the issue will ongoing for the rest of the evening.
A rail commuter has become an internet sensation after inspiring a carriage of silent passengers to join his enthusiastic sing-a-long.Read the full story ›
A China-US railway is just one of four ambitious projects the country is thinking about undertaking, according to the Beijing Times.
One line would connect China to London with stops in Paris, Berlin, and Moscow, while another would link the country to countries like Iran and Turkey.
A fourth line, meanwhile, would stretch from China to Singapore, stopping in Vietnam, Cambodia, Thailand, and Malaysia.
According to the state-run China Daily, the tunnel technology is "already in place" and will be used to build a high-speed railway between the south-east province of Fujian and Taiwan.
"The project will be funded and constructed by China," it said. "The details of this project are yet to be finalised."
The Chinese Academy of Engineering have outlined a plan to connect the world by high-speed rail, including an underwater link to the US running for 8077 miles - The Beijing Times reports.
The 'China to Russia plus the United States' line proposed by would start in the north east of China, travel up through Siberia, across the Bering Strait to Alaska and down through Canada before reaching the contiguous US.
The underwater track would be the world's longest undersea tunnel, four times the length of the Channel Tunnel.
Wang Mengshu, a railway expert at the Chinese Academy of Engineering said:
"Right now we're already in discussions. Russia has already been thinking about this for many years."
A hedge fund manager has been revealed as the UK's biggest fare dodger after being made to pay back nearly £43,000 in unpaid fares and legal costs..
The man, who has not been named, spent five years using an Oyster card to 'tap out' of ticket barriers at London's Cannon St station without paying the full price of his journey from the East Sussex village of Stonegate.
After being caught by a ticket inspector, he was ordered to repay £42,550 and £450 in legal costs as part of an out-of-court settlement, according to reports in the Kent and Sussex Courier.