Labour will tomorrow (Wednesday 5th September 2012) use an Opposition Day debate to seek to impose a strict one per cent above inflation cap on future increases in rail fares, preventing price rises of up to 11 per cent due in January 2013 and January 2014.
Maria Eagle MP, Labour’s Shadow Transport Secretary, speaking ahead of Labour’s Opposition Day debate on rail fares, said:
“The rising cost of rail travel is adding to the financial pressures that many people are facing thanks to a recession made in Downing Street. The Government has put the wrong people first by caving in to pressure from the private train companies and letting them hike rail fares by up to 11 per cent every year.
“Many Tory and Liberal Democrat MPs have been telling their constituents that they share growing anger at the eye watering prices people are having to pay, often just to get to work. They should now back up their words with action and join Labour MPs in voting for a strict one per cent above inflation cap on future annual rail fare rises.”
And Denton and Reddish MP, Andrew Gwynne, added:
“The current rail fare increses are just unsustainable. We are seeing wages squeezed by pay freezes and tax rises yet at the same time, our travel costs are increasing massively, taking an even bigger chunk of our incomes.
This out of touch government really does need to think again on this issue and offer some respite to my hard-pressed constituents, many of whom rely on public transport to get on with their daily lives.”