SCARBOROUGH rail travellers could face an eight per cent price hike from January next year.
The increase in regulated fares is being made due to the pressures on public finances.
Commuters in the Scarborough area are set to feel the pinch as season tickets look likely to be affected.
David Mapp, commercial Director at the Association of Train Operating Companies, said: “We know that these are difficult financial times for many people. The Government has decided that many fares need to rise above inflation for the next three years to help pay for more trains, better stations and faster services.
“Increasing the money raised from fares will mean that taxpayers contribute less to the running of the railways, whilst ensuring that vital investment can continue.
All additional money raised through the change will go straight back to the Government.
“The industry is working with the Government to cut the cost of running the railways, building on the progress that has already been made. A more efficient railway will help to limit fare rises in the future, and offer better long-term value for money for the taxpayer.”
Demand for rail travel has risen by 60 per cent since privatisation and is expected to double in the next 20 to 30 years.