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Old 10-04-2015, 09:32   #5
Chris
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Re: Tories to freeze rail fares

Quote:
Originally Posted by Damien View Post
http://www.theguardian.com/uk-news/2...res-five-years



Isn't this intervening in the market though
It's already a regulated market. In post-privatisation UK, regulation of prices is common in areas where there is no competition. Season tickets for use on a single private operator's rail service are a classic example of this. Water bills are another.

---------- Post added at 10:32 ---------- Previous post was at 10:28 ----------

Quote:
Originally Posted by denphone View Post
That's the big problem though as Privatisation has simply not worked in the interests for the vast majority of commuters and l can't see that changing sadly.
Really? 20 years ago I could just about justify the cost of using the train for a long journey by using a YP railcard. Now, thanks to the initiative of private companies which are required to innovate in order to make a profit, it's a no-brainer. I can get a return trip for less than the petrol cost of half the journey, even though my railcard days are long gone.
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