Railways: Fares
(asked on 2nd February 2022) - View Source
Question to the Department for Transport:
To ask Her Majesty's Government what increase in fare-only income they have assessed will result from the rail fare increase of 3.8 per cent to be implemented on 1 March 2022.
This question was answered on 9th February 2022
The Department takes guidance from the Passenger Demand Forecasting Handbook on the effects of changes to fares on revenues. There are a number of factors which impact revenues, including most notably at the moment the pandemic’s impact on passenger travel.