The British government announced on Sunday that rail fares will be frozen for the first time in 30 years to ease the cost of living for millions of commuters. According to the government's press release, passengers will not be paying a penny more on season tickets, peak returns for commuters and off-peak returns between major cities. The policy applies to England and services run by English train operating companies. It comes as the Chancellor of the Exchequer Rachel Reeves is reportedly set to deliver a new annual budget on Nov 26, with the latest measure to be included. Some Britain media outlets have pointed out that the government's move is aimed at garnering greater public support. The government estimates that move could help each passenger save up to 300 pounds (about 392 U.S. dollars) annually, as transport expenses currently account for about 14 percent of household spending. It is expected to directly limit inflation by holding down a major component of everyday costs. According to data released by the Office for National Statistics, Britain's inflation rate for October was 3.6 percent. The core inflation rate for October, which excludes food and energy prices, was 3.4 percent, slightly below the previous rate of 3.5 percent, yet still above the policy target of 2 percent. In addition, the consumer confidence index in Britain saw a significant decline in November, marking the biggest monthly drop since April of this year, according to survey data released by the British Retail Consortium (BRC) on Thursday. SHOTLIST: London, UK - Nov 2, 2025 1. Various of King's Cross railway station, screens showing train schedules, passengers, trains, sign; UK - Nov 2, 2025 2. Various of trains running, passengers on platform; FILE: London, UK - July 8-10, 2025 3. Various of Palace of Westminster; FILE: London, UK - Date Unknown 4. Various of street views, pedestrians, stores. [Restrictions: No access Chinese mainland]