CIE -- which includes Dublin Bus, Bus Eireann and Iarnrod Eireann -- had sought a 20pc increase and last night Mr Dempsey approved a hike of 10pc which will see Dublin Bus fares rising by 10 cents for an adult and 5 cents for a child.
Train fares on DART, commuter and inter-city services are expected to increase by 10pc across the board, with similar increases for Bus Eireann.