Barry Sheerman – 2014 Parliamentary Question to the Department for Transport

The below Parliamentary question was asked by Barry Sheerman on 2014-06-16.

To ask the Secretary of State for Transport, what recent estimate he has made of projected ticket prices for rail passengers using the High Speed 2 rail line.

Mr Robert Goodwill

In order to test the case for HS2, current fares were assumed to increase by RPI+1% annually until 2036 after which fares are assumed to grow in line with inflation. No fares differential was applied to services using the high speed infrastructure. This is an assumption which provides an appropriate basis for modelling costs and benefits, but does not represent a prediction of future rail fares, which will be affected by government policy, market and industry changes across the GB rail network over many years.