Friday, April 1, 2011

Unreal

Thousands of long-distance commuters are having to pay more for their season tickets than their mortgage, after research showed workers on packed rush-hour trains now need to put aside up to a third of take-home pay- compared with an average 28% cent for the mortgage bill.

Season ticket prices have soared in recent years as the Government seeks to force passengers to contribute more towards the cost of the railways.

Longer-distance routes are worst hit. But even workers from commuter-belt towns and cities closer to London such as Oxford, Colchester and Southend will have to devote at least a fifth of take-home pay to their season tickets by 2012, according to the analysis.

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