Transport Secretary Patrick McLoughlin says the planned cap on rail fare increases - which the Government says could have been as much as 9.2% -could save some commuters hundreds of pounds a year.
– Transport Secretary Patrick McLoughlin
Today is just the start of a Government-wide programme to help hardworking people and reduce the cost of living. The Government will be announcing a range of initiatives to help put money back in people's pockets over the next few weeks.
By capping fares we are protecting passengers from large rises at a time when family incomes are already being squeezed. We will need to wait for the rail industry to calculate individual ticket prices for next year, but this cap could save some commuters as much as £200 a year.