Bus fares will be frozen again next year as an “emergency cost-of-living measure” – but only until the summer, London mayor Sir Sadiq Khan has said. Tube, DLR, Elizabeth Line and London Overground fares will be going up by 10p or 20p after the Labour government agreed to give £2.2 billion in funding to TfL in return for fare rises of inflation plus 1 per cent. The mayor's transport agency lost most of its government funding under the Conservative government and, unlike most other major world cities, is now mostly reliant on fare revenue. National Rail fares – including those […]
