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Better subsidies would make rail fares more affordable … just in time for Brexit

British trains are not bad, but they are savagely expensive at peak time. Travel costs are one of many factors future employers will be weighing up

A sliding pound has left euro rail fares looking less of a comparative bargain, but commuter season tickets and peak fares remain more expensive on Britain’s railways than continental Europe’s, according to most studies.

The landmark inquiry into UK rail costs, Sir Roy McNulty’s 2011 report, identified costs running 30-40% higher in the UK than four European countries it used as benchmarks – France, Netherlands, Sweden and Switzerland – with both fares and taxpayer subsidy higher here to pay for it.

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