Bus and Tube prices are increasing

From next month it will cost more to travel on buses and the Tube in London.

TfL has announced increases of almost 5 % from March 1st, which is in line with the current inflation rate.

It's the biggest annual jump in fares across the network in a decade, when Boris Johnson was mayor

Prices have been frozen between 2016 and 2021.

Tube pay as you go fares within Zone 1 will increase by 10p, their first increase since 2016.

Bus and tram ‘Hopper’ fare, introduced by the Mayor and allowing unlimited journeys within an hour, will increase by 10p to £1.65.

It is part of a deal with the Government to keep services running.

The Mayor of London, Sadiq Khan said: “Public transport should be affordable to all, and I’ve 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 £200.

“Since TfL’s 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.”

Shashi Verma, Director of Strategy at TfL said: “This 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’s 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.”