(11 years ago)
Commons ChamberMy hon. Friend is right. The train operating companies set the prices for season tickets and for fares. I recognise that Swindon is a popular commuting town that benefits from the frequent services on high-speed trains to London, Wales and the west country. Nevertheless, he is right and he will have noticed the announcement from the Government restricting “flex”, which means that none of his commuters will face a fare increase of more than 3% above inflation from January 2014.
15. In the autumn, East Coast achieved the highest passenger satisfaction rates since records began, so why are the Government wasting taxpayers’ time and money privatising that successful service rather than getting to grips with the cost of living crisis and this Government’s inflation-busting rail fare price rises?
The hon. Lady will obviously have read the Brown report, which suggests that franchising is the best way to secure better deals and more investment for passengers. That is why we are continuing to franchise and are putting the east coast main line out to franchise.