Morton Solutions Rail fares to rise by 5.9% from January

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) January 26, 2012 -- Train fares will rise by an average of 5.9% in January 2012, the Association of Train Operating Companies has said. In his Autumn Statement last month, Chancellor George Osborne capped fare increases at 6%, instead of the expected 8%. Morton Solutions is a growing sales and marketing company in Norwich and the Managing Director comments on how many people depend on public transportation saying, ‘the increase in train fares seems to be one of those certainties in life, just like tax.’

Fare rises are linked to July's inflation, as measured by the Retail Prices Index, which stood at 5%. Atoc said the fare increase would be used to pay for "new trains, faster services and better stations". The good news is that improvements will be made with that extra money paid by consumers. Morton Solutions is based in Norwich and understands the importance of prompt public transport saying, ‘there is nothing worse than being late for a client meeting! We all know the anxiety felt knowing that you are late for an important meeting, even though paying more for my ticket I am not pleased with, if it ensures better services then I am happy to do so.’

"The long standing government approach to sustaining rail investment is to cut the contribution from taxpayers and increase the share paid for by passengers," said the group's chief executive Michael Roberts. Currently, passengers contribute about £6.5bn to the running of the railways, with taxpayers picking up the remaining £4bn. The fare increases apply in England, Scotland and Wales, and take effect from Monday 2 January. Morton Solutions is set for a big 2012 and hopes the economy is on the up after the last couple years with the Managing Director of Morton Solutions saying, ‘it’s a scary reality how reliant we are on public transportation. When the buses or trains are down due to bad weather many people struggle to get out their homes for work or to do their Christmas shopping. Weather definitely has an effect on retailers sales, I know personally if it is too cold I am not keen to leave the comfort of my home to shop.’
In last year's Spending Review, the government said it wanted to increase this to RPI plus 3%, but last month the chancellor said he would not be implementing this change. The increase of 5.9% applies to both regulated and unregulated fares. The fact it is an average means some fares will rise by more than this figure, and some will rise by less.
Customers wanting to know the precise details of fare increases relevant to them should go to National Rail Enquiries to see the difference in cost between a ticket now and the same ticket after 2 January, Atoc said.

The Labour party criticised the government for allowing fare rises that could be more than 5.9%. "It's clear that many commuters are facing a fares fiddle thanks to the government's decision to allow train companies to average out the revised fare cap across a range of tickets, meaning many tickets will rise by a shocking 9% in the new year," said Maria Eagle, shadow transport secretary.

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