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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.