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Regular news: Issue 602 14 Aug 2012

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Railways, England

'We need to keep investing' - Villiers defends 6.2% rail fare hikes

Rail minister Theresa Villiers has defended rail fare increases of at least 6.2% due next January as necessary to fund "a huge programme of rail improvement which is much needed".

Villiers said: "In addition to a significant amount of taxpayer-funded investment, we need support from passengers." She added: "The fare increases are going to support investment, not the margins of train operating companies." However, Villiers said that the cost of running the rail network needed to come down, and...

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