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Rail fares rise by 4.6% in England and Wales

Source: BBC

Tom EspinerBBC business reporterGetty ImagesRegulated rail fares have gone up in England and Wales by 4.6% and the price of most railcards has risen by £5.The government says fares need to rise so it can invest in the rail system, but Transport Secretary Heidi Alexander acknowledged passengers were "frustrated" by delays and cancellations.Although the government plans to renationalise three rail operators this…

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