Rail passengers in England will face average rises of 3.1% on fares next month, rather than the 4.1% hike which had been expected, Chancellor George Osborne revealed in today's Autumn Statement.
London's bus and Tube fares will rise by 3.1% on average next month, but some travellers will be hit by hikes of up to 4.3%, Transport for London has announced.
Rail commuters in England facing inflation-busting season ticket increases are being given some respite, as the Government is curbing the amount fares can rise by.
Some rail passengers could see an end to long-distance single-journey fares costing almost as much as return tickets, under plans announced by the Government – but they'll have to wait until 2015 to benefit.