Fall in UK rail passenger numbers casts doubt on viability of franchises
(The Guardian Money News)

Season ticket sales drop 9.2% with customers hit by rising fares, strikes and overcrowding Rail passenger numbers in the UK fell last year to 1.7bn in the biggest decrease since privatisation in the 1990s, casting fresh doubt on the viability of struggling franchises.According to figures published by the Office of Rail and Road, usage fell by 1.4% in the 2017-18 financial year, the first annual fall since 2009-10 and the biggest since 1993-4. Continue reading...