East Midlands Trains to hike fares

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Train passengers in Lincolnshire will pay on average 66p more per journey with East Midlands Trains from January 2011.

East Midlands Trains announced it would increase its tariffs by 5.6%, which is still under the national average price rise of 6.2%.

The increase comes from the government annual price cap formula, which allows price increases each January.

This is tied to the previous July’s RPI inflation rate, to which a further 1% can be added, equalling an average rise of 5.8% in 2011.

Train operators however, are allowed to put up some fares by more than 5%, if other tariffs come down at the same time.

Tim Shoveller, Managing Director of East Midlands Trains, said that the increase offers value, amid tough times for customers:

“Our new fare levels from January reflect our commitment to offering a range of value ticket prices to our customers.”

East Midlands Trains is currently carrying out a refit at the Lincoln train station, to improve toilets, waiting rooms and access to the station.

The company also introduced several revamped trains, with CCTV and refurbished seating and lights.

Source: East Midlands Trains | Related Reports: BBC News, Lincolnshire Echo

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