Hard working commuters are now paying 25 per cent more for their train fares under the Tories, because of yet another year of rail fare hikes that came into force this week.
Passengers in Guildford have been hit again and again by eye-watering rail fare rises. Fares have now rocketed by 25 per cent under the Tories, far outstripping any increase in most people’s pay packets.
For many people here, travelling by train isn’t a luxury, it’s how they get to work every day. A season ticket from Guildford to London Waterloo now costs £3432 per year.
Currently, 3 per cent of the price of a rail ticket goes toward paying train company shareholder dividends.
While rail ticket prices have risen three times faster than wages, vital projects have been delayed for years, leading to transport chaos. This is symptomatic of the Tories failure to deliver on the basics for a modern economy.
Labour's policy is to bring the railways into public ownership so they can be run for passengers not profit. That means fairer fares, investment in a 21st century railway and giving passengers a stronger voice.