This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government
Government driving biggest programme of rail modernisation ever.
Rail Minister Stephen Hammond said:
The government understands concerns rail passengers have about the costs of fares and the impact they have on household budgets. That is why, for the first time in a decade, regulated fares will not rise on average by more than the rate of inflation, offering relief for families and the hard-working people.
As well as protecting regulated fares, the government is driving forward the biggest programme of rail modernisation programmes ever, with £38 billion being invested over the next five years.
That means new state-of-the-art trains, better stations and hundreds of miles of electrified track which will help cut journey times, provide better connections and stimulate growth across the country.
Rail media enquiries
Press enquiries 020 7944 3021
Out of hours 020 7944 4292
Switchboard 0300 330 3000