Transport - Sixth Report
Here you can browse the report together with the Proceedings of the Committee. The published report was ordered by the House of Commons to be printed 10 May 2006.
Contents
Terms of Reference
Report
Summary
1 Introduction
2 Rail fares in the bigger picture
The strategic significance of the railways
The significance of rail fares for the wider
economy
The environmental significance of the railways
Public subsidy creates a public service obligation
The level of public subsidies for the railways
Objectives of ticketing policy
Fares and the efficiency of train operators
Railway capacity and fares policy
3 The complexity of rail fares
The framework for train fares
Unregulated fares
Creating a user-friendly structure
Initiatives to improve the problem of fares
complexity
Reducing complexity through regulation
Regulated fares
4 The value for money of rail travel - real
and perceived
Summary of price developments since 1995
The announcement of 2006 fares increases
Perceived value for money of rail travel
Passenger growth and satisfaction despite
poor value for money?
International price comparisons
Inter-modal price comparisons
Value for money of rail travel - a lottery?
Short and long-term effects of ticket prices
(elasticity)
Evidence-based debate
5 The management and pricing of key rail
fares
Open fares
Saver fares
Advance purchase tickets (APEX)
The rise of advance purchase fares
The limitations of advance purchase fares
Group Travel
Yield Management
Market segmentation
A win-win situation?
Quotas
Availability of advance purchase tickets
for festive periods
Collection of due fares
6 Timetabling and the 'T-12' issue
The obligation for Network Rail to make
timetables available
The T-12 problem and its consequences
The T-12 recovery
The adequacy and sustainability of the T-12
recovery
7 Regulatory complexity and weakness
A complex structure of regulation
Weak regulation
The lack of powers to control prices
The consensual approach to regulation
8 Conclusion
Conclusions and recommendations
Annex 1
Annex 2
Formal minutes
Witnesses
List of written evidence
Reports from the Transport Committee since
2005
ORAL AND WRITTEN EVIDENCE - HC 700-II
Oral Evidence - 23rd November 2005
Oral Evidence - 30th November 2005
Written Evidence
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