London Tube, DLR and TFL Run rail services and Bus Fares - has incrfeased

 Good afternoon

 

The Mayor of London has today outlined the rise in fares for Transport for London (TfL) services from 1 March 2022. This follows the further short-term extension of TfL’s Government funding agreement.

 

The details of the new fares show they will rise by an average of RPI+1 (4.8 per cent) which means most will increase by either 10p or 20p.

 

These changes to fares will help ensure that TfL can reach financial sustainability by April 2023. This is in line with the long-term objective of the funding agreements, while also ensuring the increase in fares is as affordable as possible for Londoners.

 

While single pay as you go fares on Tube, DLR and most TfL-run rail services will increase by RPI+1, bus and tram single fares will be increasing by 10p to £1.65, and the daily cap increasing by 30p to £4.95, the same price as three single journeys.

 

The ‘Hopper’ fare, introduced by the Mayor in September 2016, remains in place as do all current concessions. The full press release can be found here https://www.london.gov.uk/media-centre/mayors-press-releases?order=DESC