Commuters in England with season tickets are to be spared some of the pain of next January's rail fare rise after Chancellor George Osborne announced a price cap.
Commuters in England and Wales face an average 3.5% increase in regulated rail fares next year, after official inflation figures used to calculate the rise were published today.
Rail passengers in England will face average rises of 3.1% on fares next month, rather than the 4.1% hike which had been expected, Chancellor George Osborne revealed in today's Autumn Statement.
London's bus and Tube fares will rise by 3.1% on average next month, but some travellers will be hit by hikes of up to 4.3%, Transport for London has announced.
Rail commuters in England facing inflation-busting season ticket increases are being given some respite, as the Government is curbing the amount fares can rise by.