London Tube fares will rise by 4.6% from March 2025, as announced by Sadiq Khan. This fare hike aims to secure critical funding for transport improvements across the capital. This was reported by the railway transport news portal Railway Supply.

London Tube
The fare rises will come into effect from March 2 next year (Yui Mok/PA) (PA Archive)

The Impact of the London Tube Fare Increase

The upcoming fare increase aligns with regulated train fare hikes across England’s rail network. TfL’s daily caps will rise by £0.40 to £0.70 depending on the zones covered during travel. While rail and Tube fares will increase, bus and tram fares remain frozen at £1.75 for unlimited journeys within an hour. This continued freeze helps low-income Londoners manage transport costs.

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Khan emphasized his record of keeping fares fair and affordable, mentioning initiatives like the Hopper fare and a five-year freeze on TfL fares during his term. He announced that 2024 will mark the sixth freeze for bus and tram fares since 2016.

Future Projects Funded by the London Tube Fare Hike

The government made it clear that increasing Tube and rail fares is necessary to secure future national funding. This funding will enable critical projects like Superloop 2 and vital upgrades to the Tube network. Such projects aim to make London greener, safer, and fairer for its residents.

TfL’s Alex Williams highlighted the balance between affordability and supporting economic growth, stating the fare adjustments are vital for London’s development. Nearly £500 million in additional government funding further underscores the importance of the capital’s transport system for the UK economy.

The London Tube fare changes reflect a collaborative effort between the mayor’s office and national government to maintain a robust transport system. Despite the fare increase, freezing bus and tram fares ensures affordability for many daily commuters.

Source: www.independent.co.uk

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