TAKEN FROM:
www.bbc.co.uk/news/business-52002272Commuters with rail season tickets will receive a refund if they choose to stay at home during the coronavirus outbreak, the government has promised.
Transport Secretary Grant Shapps said it would "ensure no-one is unfairly out of pocket for doing the right thing".
The refund is part of a package of measures to support train companies.
There has been a 70% drop in passenger numbers and ticket sales have dropped by two-thirds, the Department for Transport (
DfT» ) said.
As a result, the firms responsible for keeping the trains running are facing "significant drops" in their income, the government said.
To stop those firms from going under, the DfT has suspended all rail franchise agreements, which govern things such as how many trains run each hour and and restrict how much the companies that run them can charge for tickets.
Under these contracts, the train operators are generally required to make payments to the government to run services on parts of the rail network.
However, DfT has now suspended these agreements for six months.
Instead, all the money from fares will be paid to the government, which will also take on the financial risk of running the network, to save firms from going under as a result of the slump in demand.
However, the train operators will continue to run the services "for a small predetermined management fee", the DfT said.