Huge increase in transport fares in London

The Mayor of London, Boris Johnson, has announced some huge increases in transport fares, in order to raise an extra £125 million in the next year.

He claims that the need for these increases, which he describes as being ‘tough medicine’ for Londoners to swallow, is due to the current economic climate as well as needing to rectify past mistakes.

The congestion charge will increase by 25% to £10, unless paying by a regular automated service, in which case it will be £9.

Other key increases include

• Oyster pay-as-you-go bus fares increasing from £1 to £1.20
• Single tube journey increasing 20p to £1.80
• The daily cap on Oyster tube and bus fares increases by 50p
• A 7-day bus pass rises from £13.80 to £16.60

Read his full message to Londoners, including a video message on the Mayor’s official website.