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<p>We understand the concerns many people have about fares and the effect these can
have on their budgets, which is why we have ensured that regulated rail fares could
rise by no more than inflation for the last six years. In addition, at the start of
this year the new Millennial railcard went on sale, allowing young people to save
money on their travel. We have also set out plans for a brand new railcard extending
half-price child rail fares to 16 and 17-year-olds, which will be launched shortly.</p><p>All
decisions in relation to regulated rail fares are made in line with the Department’s
appraisal framework webTAG, which considers the environmental impacts of changes in
rail travel patterns.</p>
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