Traditionally, regulated fare increases were capped at the Retail Price Index (RPI) minus 1. However in 2003 the government changed this to RPI plus 1. This was done as part of the government desire to have rail passengers pay a greater share of the costs of the rail network.
As a result of this change to the rules passengers in our region are paying considerably more - examples as follows:
- Chelmsford - Liverpool Street £354 (13% more)
- Colchester - Liverpool Street £571 (17% more)