13 September 2011: Transport Secretary Philip Hammond has just admitted that many rail fares are "eye wateringly expensive". So why is he increasing them?
Philip Hammond made his comments to the House of Commons Transport Committee inquiry on high speed rail. Although his comments were about the West Coast Mainline, rail fares across the UK network are much higher than in other European countries.
And next January, most fares are set to rise much higher, with most increasing by 8%. This is because the formula for regulating most fares is changing from 1% above inflation to 3% above inflation. That means fares will rise four times higher than most wages.
If Mr Hammond is worried that the railway is turning into a "rich man's toy", then cancelling the planned rise in fares would be a first step. The fares review that the Department for Transport has agreed to must also make sure that it deliver the cheaper, fairer and simpler fares we need.