Mayor confirms four-year fare freeze that could save households £200
PUBLISHED: 13:03 18 November 2016 | UPDATED: 13:14 18 November 2016
The measure brings to an end a system of successive price rises
Mayor of London Sadiq Khan has confirmed a four-year fare freeze that is expected to save the average household £200.
The freeze applies to all TfL fares across London’s transport network and brings to an end a system of successive price rises under the previous mayor, Boris Johnson.
The move follows the introduction of the new Hopper fare in September, which means travellers no longer have to pay two fares when changing bus routes within an hour.
Mr Khan said: “After years of huge fare increases for London passengers, I’m delighted to be formally announcing our plans to freeze TfL fares across London’s transport network.
Before taking office I was determined to ensure we took significant action to make public transport more affordable and we’ve already taken major steps through the introduction of the ‘Hopper’ ticket that in just two months has saved Londoners money on over 10 million bus journeys.
“Our TfL fares freeze will save an average household £200 over the next four years, putting money back into people’s pockets and playing an important role encouraging more Londoners onto public transport.”
The mayor reiterated his call for the government to freeze fares on suburban rail routes, which he claims have been affected by “unacceptable delays, cancellations and overcrowding”.