In a not unexpected move it has been confirmed that fares across the Transport for London network will increase from March 2022. The increase will be the largest since Sadiq Khan took over as London Mayor and comes as part of the conditions put on TfL in the negotiations for a new funding settlement from the Department for Transport.<\/p>\n
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The increase will come into effect from 1st<\/sup> March and will see fares go up by RPI+1 which equates to a 4.8% rise. Efforts have been made to keep any increase to a minimum and whilst the overall level of fares does go up by 4.8% some individual fares on the London Underground go up by more or less than this amount as changes can only be made in 10p increments.<\/p>\n Major changes for trams and light rail include:<\/p>\n Sadiq Khan said: \u201cPublic transport should be affordable to all, and I\u2019ve taken bold action to ensure this since I became Mayor by introducing the unlimited Hopper bus fare and freezing all TfL fares from 2016-2021 – saving the average London household over \u00a3200. Since TfL\u2019s finances were decimated by the pandemic, the Government has set strict conditions as part of the emergency funding deals to keep essential transport services running in London. We have been forced into this position by the Government and the way it continues to refuse to properly fund TfL, but I have done everything in my power to keep fares as affordable as possible.\u201d<\/p>\n Shashi Verma, Director of Strategy at TfL, said: \u201cThis fares package aims to keep fares as affordable as possible while still ensuring TfL can continue to run clean, green and safe services and support London\u2019s continued economic recovery. Through daily and weekly capping, as well as the Hopper fare and our wide range of concessions, passengers can continue to get the best value fare by using pay as you go with contactless and Oyster.\u201d<\/p>\n In a not unexpected move it has been confirmed that fares across the Transport for London network will increase from March 2022. The increase will be the largest since Sadiq Khan took over as London Mayor and comes as part … Continue reading \n
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