Rail Fares Rising Almost Twice As Fast As Wages
Rail fares have increased at twice the speed of wages since 2010, according to new analysis released today by the RMT on the eve of the Government announcement on the latest fare hike.
The analysis shows that rail fares have risen by around 32% in eight years, while average weekly earnings have only grown by 16%.
The rises mean for example that a new nurse or police officer commuting from Chelmsford to London, where annual season ticket would cost £4000 after the latest rise, would pay twenty per cent of their salary on an annual season ticket.
The findings come as the government is set to announce another round of regulated rail fare hikes for the coming year tomorrow (15th August).
Rail workers will be protesting at the stations around the country on 15th August.
They will be warning that passengers are paying "more for less" because even as fares rise rail engineering work is being delayed or cancelled, skilled railway jobs are being lost and staff are being cut on trains, stations and ticket offices.
RMT General Secretary Mick Cash said:
"Government policy of suppressing workers' wages while at the same time presiding over corporate welfare on our privatized railway has resulted in a toxic combination of fare rises easily outstripping wages.
"The private operators and government say the rises are necessary to fund investment but the reality is that they are pocketing the profits while passengers are paying more for less with rail engineering work being delayed or cancelled, skilled railway jobs being lost and staff cut on trains, stations and at ticket offices."
Rail Fares Rising Almost Twice As Fast As Wages, 14th August 2017, 0:01 AM