This morning it was announced that regular rail travellers are likely to face a double-digit price rise in the new year. The Government usually increases train ticket prices by the retail prices index rate of inflation plus 1 % each January. Based on the July RPI rate of 12.3%, this means fares should rise 13.3% in the new year.
This would add £433 to the cost of the average season ticket, currently priced at £3,263 a year, according to an analysis by campaign group Railfuture. Whilst the Department for Transport is yet to decide what metric it will use, the personal finance experts at Ocean Finance have shared seven ways to save money on train travel.
Seven simple ways to save money on train travel