Rail Passenger Fares To Rise By 3.5% In 2015

Rail passengers face a hike of 3.5% in train fares in the new year amid anger over the high-cost of train travel.

Campaigners have been protesting at 45 train stations across the country over ticket price increases far outstripping wages rises.

The fare rise is determined by adding 1% to the just-published Retail Prices Index inflation figure for July, which is 2.5%.

But train companies have a "flex" option to add another 2% to some fares, as long as the overall average stays at RPI plus 1%.

It means some fares will increase by about 4.5%.

Kevin Rowan of the TUC said it was bad news for passengers, and claimed the fare hikes were going towards the profits and shareholder dividends of the private train operators.

But Transport Minister Claire Perry defended the rises arguing there had been an "unprecedented investment" in the rail service.

She told Sky News: "The challenge is making sure fares are fair."

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