The Labour party has said that it would cap rail fare rises at one percent above the PRI rate of inflation. It is currently capped at three percent in England. Maria Eagle MP, the shadow transport secretary, said:
– Maria Eagle, shadow transport secretary
Labour would be putting passengers first by banning train companies from increasing fares above a strict cap of one per cent above inflation across all routes. So while commuters could pay up to eleven per cent more every year under the Tories and Liberal Democrats, fares would rise by no more than one per cent above inflation under Labour.