The Government has frozen rail fares until March 2027
Train tickets will not rise in the new year for the first time in 30 years after Labour’s Chancellor stepped in.
The move will save Bracknell commuters around £230 on an annual season ticket to Waterloo, which would have otherwise risen by nearly 5% in the New Year.
Alex Robertson, chief executive of the passenger watchdog, Transport Focus, called it “extremely welcome news for rail passengers who consistently tell us value for money is their highest priority”.
Bracknell station is served by the first franchise to re-enter national control, Southwestern Railway. Under Labour policy, all rail franchises are being returned to public hands under the nationalised company “Great British Rail”, ending decades where rail prices have increased to secure the profit margins of private operators.