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.

Related document

• Download the statement by Rail delivery Group regarding 2014 rail fares (PDF, 290KB)