Nusrat Ghani – 2016 Parliamentary Question to the Department for Transport

The below Parliamentary question was asked by Nusrat Ghani on 2016-09-02.

To ask the Secretary of State for Transport, what plans are in place for the proposed fare increase due on 1 January 2017 to directly fund improvements on the GTR network.

Paul Maynard

We have capped the rail fares we regulate at inflation (Retail Price Index) since 2014, and will continue to do so for the life of this parliament. This means those fares we regulate will not rise by more than1.9% in 2017. Limiting fares increases to inflation-only means that industry revenues keep track, but do not out-pace, the impact of inflation on their costs. Our current investment programme is the largest since the Victorian era and requires funding from both taxpayers and farepayers. As part of this, the GTR Franchise Agreement contains obligations requiring the franchisee to make significant improvements at stations and on trains through the life of the franchise. On the Thameslink network alone that means £1.6billion of new trains which started to be introduced earlier this summer and Gatwick Express has also benefited from new trains. During this time of major investment we are also clear that at the same time we must deliver a more joined up approach to running the trains and tracks and make things work better for the travelling public. That is why My Rt Hon Friend the Secretary of State has just announced a package of measure including a £20milion fund and the appointment of one of Britain’s most experienced rail industry figures to get the service running back as it should.