If you regularly travel by train, you can’t fail to have noticed that ticket prices in England and Wales rose by 4.9% earlier this month. The increase added hundreds of pounds to many commuters’ annual travel costs, and represents an unwelcome price rise for those who use trains to get around for leisure purposes or to visit family.
The above-inflation increase follows a 5.9% increase in March last year. Motorists, meanwhile, were given a budget boost last week when the chancellor said fuel duty would remain frozen for a 14th consecutive year, and that he was also extending the temporary 5p cut in the duty.