Dan Panes, a spokesman for First Great Western, which runs mainline trains from London Paddington to South Wales, says these fare rises are based on the formula set by government, and aims to ensure 'rail fare passengers are paying more for their journeys and taxpayers are paying less.'
Around half of fares are linked to the inflation rate, measured by the retail price index (RPI). These are known as regulated tickets and include most season tickets. Regulated fares have gone up by 4.2% today - overall average fares are up 3.9%.
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