Railways: Fares
Transport
John Robertson (Glasgow North West, Labour)
To ask the Secretary of State for Transport what estimate he has made of the potential effect on rail ticket prices of the High Level Output Specification programme for 2014-19.
Simon Burns (Chelmsford, Conservative)
The High Level Output Specification was drawn up on the basis of our current agreed regulated fares policy as set out in the 2010 comprehensive spending review as updated in the autumn of 2011: a rise in 2012 of RPI+1% and RPI+3% for 2013 and 2014, returning to RPI+1% thereafter. The Government are committed, once savings are found in rail and the improvement in the wider economic situation permits, to reducing and then abolishing above-inflation rises in average regulated fares.