UPDATE 1-UK rail operators could be forced to cut fares

Newswire

* Pricing rules dictate fares should fall during deflation * Government says fares will not be frozen * Rail secretary to appear before Members of Parliament By John Bowker LONDON, Feb 25 (Reuters) - Britain's rail operators will have to cut fares next year if inflation rates fall below zero this summer, providing a boost to passengers currently paying the highest ticket prices in Europe. Under the terms of the operators' franchises, certain ticket prices rise annually by 1 percent ...

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