"The cost of travelling on the London Underground is set to rise by 5.8% next year, the mayor of London has confirmed. The increase 1% above the rate of inflation and will come into force in March. The freeze in national rail fares announced last month will not apply to Transport for London services."
"Sir Sadiq Khan says he proposes to freeze the price of Travelcards until March 2027 which means the weekly and daily caps will not change, and fares on London buses and trams will not rise."
"He said the freeze on bus and tram fares until July 2026 was "an emergency cost-of-living measure" funded by City Hall Sir Sadiq added: "This is the seventh time I've been able to freeze bus and tram fares, and it will particularly benefit those on the lowest incomes in our city. "The plans would mean that only fares on Tube and TfL rail services would now increase from March 2026."
London Underground fares will increase by 5.8% from March 2026, one percentage point above the rate of inflation. The national rail fare freeze will not apply to Transport for London services. Travelcard prices will be frozen until March 2027, leaving weekly and daily caps unchanged, and London bus and tram fares will not rise. The 5.8% rise was a condition of a £2.2bn capital funding deal agreed with central government. The bus and tram fare freeze until July 2026 is funded by City Hall. Pay-as-you-go Tube increases will be capped at 20p, with many rises limited to 10p.
Read at www.bbc.com
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