Fri, 7 May 2021

Newsletter sign-up

Subscribe now
The House Live All
To acquire the skills that Global Britain needs, nothing short of excellence will do Partner content
By World Skills
As the UK embarks on its recovery, rail is ready to connect the country again Partner content
To achieve Net Zero, we must inspire the public to take action Partner content
By Smart Energy GB
It’s time to raise the UK’s recycling ambitions and create a world leading all-material Deposit Return Scheme Partner content
By Tetra Pak
Press releases

Philip Hammond to announce new railcards for 26-30-year-olds in Budget

Philip Hammond to announce new railcards for 26-30-year-olds in Budget
2 min read

Philip Hammond is to announce plans to extend discounted rail travel to those in the 26-30 age bracket and to review airline insolvency measures, as part of Wednesday’s Budget.

The Treasury has today revealed that the Chancellor will unveil a new railcard, extending the 33% fares discount currently available for those aged 16-25.

Ministers said the card will be available from spring of next year, in a move they claim will drive down living costs for “around 4.5 million more young people”.

The Government added the move to replicate that available for younger travellers, which has been in place since 1974, will “help young people who are feeling the squeeze to keep more of their hard-earned cash”.

The announcement comes months after Mr Hammond asked Conservative backbenchers for submissions on how to close the generational gap - insisting the Budget must help younger voters.


Mr Hammond is also set to announce a review, led by an independent chair, into airline insolvency arrangements.

The pledge comes months after the airline Monarch collapsed, leaving 110,000 passengers without a return flight.

The incident forced the Government and Civil Aviation Authority to launch, what the former branded, “the largest peacetime repatriation for all overseas passengers.”

Ministers said the incident “highlighted the uneven nature of consumer protection when an airline fails” and say the review work to make “holidaymakers feel safe” about future travel plans.

They say the review will produce an interim report by summer 2018, with a final report out by the end of next year.

Read the most recent article written by Nicholas Mairs - Public sector workers to get 5% pay rise from April if Labour wins election


Economy Transport
Engineering a Better World

Can technology deliver a better society? In a new podcast series from the heart of Westminster, The House magazine and the IET discuss with parliamentarians and industry experts how technology and engineering can provide policy solutions to our changing world.

New episode - Listen now