York train operator East Coast to freeze some fares

York Press: York train operator East Coast to freeze some fares York train operator East Coast to freeze some fares

YORK train operator East Coast has announced it is freezing some of its fares on the route to London and Edinburgh next year.

However, its regulated fares, which include season tickets, are rising by the recently-agreed 3.1 per cent average, in line with the July 2013 RPI inflation rate.

The Skeldergate-based company, which has been in the public sector for the last four years, said its overall average rise for all fares from January 2 was 1.21 per cent.

It said unregulated fares - which include off-peak fares and advanced-purchased tickets for leisure travellers - were going up by an average of 0.83 per cent.

Managing director Karen Boswell said: "We're freezing fares to help our customers and encourage more people to travel with us. This will help us to continue to grow our business, and to give back even more to the taxpayer.

"This is a straightforward commercial decision which is very good news for our customers and businesses across our route. It will also help East Coast to sustain our strong advantage in a highly-competitive travel market.

"It will also help businesses and hard-working people by holding down the cost of travel for many. As one of the leading long-distance train operators, we're doing our bit to help businesses grow, and that has to be welcome news for jobs and investment in the regions we serve throughout Britain.

"When you take into account the rate of inflation, today's announcement represents a genuine real terms cut in our overall fares. We believe this will attract more people to our trains, and help to maximise revenue.”

TSSA transport union leader Manuel Cortes said the announcement was good news for passengers on the East Coast line after eight years of inflation-plus fare increases.

"This should be a benchmark for the rest of the industry,” he said. “If the East Coast can do it, then so can Virgin's Sir Richard Branson (on the West Coast line) and other firms who have made massive profits down the years from ripping off passengers.

"We would like to see all fares frozen because they have more than doubled since privatisation 20 years ago."

Comments (4)

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2:56pm Mon 16 Dec 13

Ignatius Lumpopo says...

If regulated fares are going up by 3.1 per cent and unregulated ones are going up by 0.83 per cent which are the ones that are being frozen? Does the man know the meaning of the word? It's a lie! They're not being frozen at all!

"Frozen" means NOT GOING UP! (Where's the Trade Descriptions Act when you need it...?)
If regulated fares are going up by 3.1 per cent and unregulated ones are going up by 0.83 per cent which are the ones that are being frozen? Does the man know the meaning of the word? It's a lie! They're not being frozen at all! "Frozen" means NOT GOING UP! (Where's the Trade Descriptions Act when you need it...?) Ignatius Lumpopo

4:27pm Mon 16 Dec 13

Bo Jolly says...

After year and years and years and years of relentless rises, usually above inflation, are we really supposed to see these supposed 'freezes' (although see comment above) as a good thing?

Solve many of our transport problems by cutting the shareholders and the profit motive out of the equation and renationalise... of course it would still require far-sighted politicians to see that cutting fares should be a priority...
After year and years and years and years of relentless rises, usually above inflation, are we really supposed to see these supposed 'freezes' (although see comment above) as a good thing? Solve many of our transport problems by cutting the shareholders and the profit motive out of the equation and renationalise... of course it would still require far-sighted politicians to see that cutting fares should be a priority... Bo Jolly

6:17pm Mon 16 Dec 13

Priapus says...

Well, that carriage I was in coming back from London was certainly frozen. Everyone was wearing gloves and coats.
Well, that carriage I was in coming back from London was certainly frozen. Everyone was wearing gloves and coats. Priapus

2:14am Tue 17 Dec 13

Magicman! says...

Bo Jolly wrote:
After year and years and years and years of relentless rises, usually above inflation, are we really supposed to see these supposed 'freezes' (although see comment above) as a good thing?

Solve many of our transport problems by cutting the shareholders and the profit motive out of the equation and renationalise... of course it would still require far-sighted politicians to see that cutting fares should be a priority...
" Solve many of our transport problems by cutting the shareholders and the profit motive out of the equation and renationalise" - This is how East Coast currently works - it is directly owned by the government and so there's no fat shareholders sitting on swivel chairs at home expecting some big sums of money to come their way for doing no real work for it.

It is nice to see that for once it's the unregulated fares that are going to benefit - to those who don't know the lingo, this means tickets such as Anytime (single/return), Offpeak, etc will only be going up by 0.83% (and this is an 'average', so it means some won't be going up at all) - whereas other companies use a term known as 'Flexing' to increase prices for such tickets on its most popular routes by up to 10%. the fare rise of 3.1% is dictated by a formula of RPI+3% (inflation plus 3%) and is the maximum rise that tickets such as Advanced (single/return) and Season tickets can go up by.

Anyway, for those of you who next year have a buisness meeting arranged at such short notice that you can only get an Anytime ticket on the day of travel, and notice the fare is more or less the same, enjoy it whilst you can - because Cameron and his crooks are hellbent on destroying what East Coast have spent 2 years building up, selling the route to one of their corporate fatcat friends just 3 months before they are elected out of power in 2015.
[quote][p][bold]Bo Jolly[/bold] wrote: After year and years and years and years of relentless rises, usually above inflation, are we really supposed to see these supposed 'freezes' (although see comment above) as a good thing? Solve many of our transport problems by cutting the shareholders and the profit motive out of the equation and renationalise... of course it would still require far-sighted politicians to see that cutting fares should be a priority...[/p][/quote]" Solve many of our transport problems by cutting the shareholders and the profit motive out of the equation and renationalise" - This is how East Coast currently works - it is directly owned by the government and so there's no fat shareholders sitting on swivel chairs at home expecting some big sums of money to come their way for doing no real work for it. It is nice to see that for once it's the unregulated fares that are going to benefit - to those who don't know the lingo, this means tickets such as Anytime (single/return), Offpeak, etc will only be going up by 0.83% (and this is an 'average', so it means some won't be going up at all) - whereas other companies use a term known as 'Flexing' to increase prices for such tickets on its most popular routes by up to 10%. the fare rise of 3.1% is dictated by a formula of RPI+3% (inflation plus 3%) and is the maximum rise that tickets such as Advanced (single/return) and Season tickets can go up by. Anyway, for those of you who next year have a buisness meeting arranged at such short notice that you can only get an Anytime ticket on the day of travel, and notice the fare is more or less the same, enjoy it whilst you can - because Cameron and his crooks are hellbent on destroying what East Coast have spent 2 years building up, selling the route to one of their corporate fatcat friends just 3 months before they are elected out of power in 2015. Magicman!

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