RMT response to proposals for the deregulation of rail fares

RMT response to proposals for the deregulation of rail fares

11 February 2015

RMT Press Office

Response to proposals today from the right wing Institute of Economic Affairs for the total deregulation of rail fares.

Mick Cash, General Secretary of the biggest rail union RMT, said:
 
“The idea that complete deregulation of fares would solve the crisis on Britain’s railways is pure and utter nonsense and would simply allow the greedy train companies to restrict services and whack up the prices on the profitable routes in an all-out free-for-all.
 
“The only workable solution to surging rail demand is to invest in staffing and capacity to meet the growing passenger numbers. By taking the railways back into public ownership, and ending the racket of profiteering, we could free up the investment funds needed to build up capacity and end the fares rip-off. That is the only route out of the current shambles.”
 
Ends

Want to receive updates from us? Subscribe to a mailing list

Tagged with: institute of economic affairs, deregulation of rail fares