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In brief: Issue 599 22 Jun 2012

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Train fares too cheap, says TfGM

The Government’s policy of regulating rail fares has been “too effective” at keeping fares down, according to Transport for Greater Manchester (TfGM). In a draft response to the DfT’s consultation on rail ticketing, TfGM states: “Regulation has arguably been too effective in ‘protecting’ fares such that they can’t rise when they should… Certainly Greater Manchester’s boundary anomalies [whereby fares are much lower within the TfGM...

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