16 July 2012
In response to the publication of the Government’s High Level Output Specification, Stephen Joseph, Campaign for Better Transport’s chief executive, said:
"The investment announced today is good news for the railways, especially the electrification projects which will cut carbon and reduce running costs. However, we are disappointed that the Government has confirmed RPI+3% fare rises for the next two years. Pricing people off the railways will mean many passengers simply won't be able to afford the benefits this investment will bring. At a time when public subsidy of the railways is falling and efficiency savings in the industry are already reducing costs, there is simply no need to make passengers pay over the odds."
The High Level Output Specification forms the basis for Network Rail regulation and rail franchise investment and sets out what the Government wants to buy in railway outputs over the next ‘control period’ from 2014 to19. It also gives a Statement of Funds Available or SOFA, which is what Government will spend.
Notes to Editors
1. Campaign for Better Transport is the UK's leading authority on sustainable transport. We champion transport solutions that improve people's lives and reduce environmental damage. Our campaigns push innovative, practical policies at local and national levels. Campaign for Better Transport Charitable Trust is a registered charity (1101929).