London transport fares to rise by almost 5 per cent from March
Today it was announced that London travel fares will be hiked for the second year in a row.
The cost using London’s tube and bus network will surge by almost 5 per cent from March, the largest price rise in over ten years.
Some bus fares will rise by 6.5 per cent.
The average 4.8 per cent price hike across the TfL network matches the rate of inflation, and will result in an uptick of 10p to 20p for most fares.
Responding to today’s announcement the CEO of watchdog London Travel Watch Emma Gibson commented: “Londoners affected by the current cost of living crisis will be disappointed to hear that bus fares are going up by almost 6.5% in March, even more than the average 4.8% rise across TfL services.
“Many key workers and those on low incomes rely solely on the bus, as they can’t afford the Tube or train, and they will be hit hardest by this rise, which comes despite London TravelWatch repeatedly asking for bus fares to be kept low.”
London mayor Sadiq Khan, who campaigned to freeze fares, has said TfL had been “forced into this position by the Government and the way it continues to refuse to properly fund Transport for London.”
