London travel fares to increase in January
PUBLISHED: 09:35 14 November 2012
Commuters and anyone travelling into London are going to be hit by above inflation price rises next January.
Transport for London, which controls the capital’s public transport network, will raise tube journey prices by 10p or 20p for Oyster users while cash fares will jump up 20p.
Peak time zone one to six travelcards will go from £15.80 to £16.40 and off-peak the cost rises from £8.50 to £8.90, while season tickets will also increase by around 4 per cent.
London Mayor Boris Johnson insists this is necessary to improve the transport system in the city while concessions will still be available to certain groups.
He said: “Before the end of the year I will spell out further investment on the transport network that will help us to provide faster, more frequent and reliable journeys for Londoners.
“This fares package is hugely important to our millions of passengers and I am very pleased to have secured nearly £100m that will help to keep fares as low as possible, and protect the important concessions that we offer the most vulnerable Londoners.”