If you’re 26 and annoyed about paying the full fare for your train travel, the Budget may offer a reprieve.The government has said people up to 30 years-old will now be able to buy a £30 railcard for discounted train ravel. The move – set to be announced in Wednesday’s Budget – would be an extension of the current young person’s railcard for those aged 16 to 25. The so called millennials’ card will be available from spring next year, and offer up to a third off non-peak fares.This means the new railcard is unlikely to be much use for regular commuters, as railcard discounts are restricted at peak times, usually before 10am.The card is part of a series of Budget measures aimed to attract younger voters after a resurgence in 18 to 29-year-olds voting in June’s general election favoured the Labour party.The national roll-out of the card comes after a successful test of the discounted card in East Anglia.Railcards were introduced as a way for train companies to help fill seats during off-peak times. The card for 16 to 25-year-olds has existed in one form or another since 1974.Analysis: Richard Westcott, BBC transport correspondent
On average, I am told, people who have a rail card at the moment (16 to 25-year-olds) save £150 a year.And anything that cuts costs for younger people has got to be a good thing.But there is one critical issue with this new scheme, you won’t be able to use the card at peak times. So commuting to your job will be just as expensive… and it’s about to get even more pricey. Season tickets go up by 3.6% in January. The highest rise since 2013.You might also like:Apology after train departs seconds earlyThe degrees that make you rich… and the ones that don’tMeet the world’s youngest self-made billionaire’Tinkering’Jacqueline Starr, managing director of customer experience at the Rail Delivery Group, the trade body for train companies and Network Rail, said: “It’s good news that government has chosen to build on the trial of a 26-30 railcard by Greater Anglia on behalf of the wider industry.”A key commitment in our long-term plan to change and improve is to boost communities by enabling more people to travel by train and that’s why we developed this proposal.”The Treasury said the move would help keep the cost of living down for more young people.However, Andy McDonald, Labour’s shadow transport secretary, said: “Any move that reduces the cost of travel is welcome but the Tories are tinkering around the edges of a broken system.”Our railway should be run by and for passengers, not private shareholders and foreign governments.” Air passenger protectionAlso on Wednesday, the chancellor is expected to announce a review, led by an independent chair, into airline insolvency arrangements. If follows the recent collapse of Monarch, which left 110,000 passengers without a return flight home. It cost UK taxpayers about £60m to bring people back to Britain.The Treasury said Monarch’s failure highlighted the uneven nature of consumer protection when an airline folds.The review will consider how insolvency arrangements can be reformed to protect passengers and ensure value for the taxpayer.The review will produce an interim report by summer 2018, with a final report by the end of 2018.