
MERSEYRAIL hiked fares by almost 19 per cent, to cash in on one of the country’s most popular events this past weekend. No doubt there will have been winners and losers throughout the festivities at the Aintree Grand National. But for passengers travelling to the races by train, they will have definitely lost out.
At a time when working people, whether low-paid or well-paid, are seeing a diminishing of their spending power, it is a disgrace that a multimillion-pound rail company is fleecing its passengers in this way.
Merseyrail is a cash machine for its private operators, Serco and Transport UK. Since 2003, they’ve taken over £212 million in dividends out of the railway. That is money which should have gone back into the network — to keep fares down, upgrade infrastructure and improve services for passengers. Instead, it’s gone straight into shareholders’ pockets with much of the money leaving the country altogether.


