The capital’s motorists and cyclists are expected to pay Transport for London an additional £12m each year as a result of changes to the congestion charge and cycle hire scheme. Mayor Boris Johnson has previously been accused of favouring both groups while pushing up fares for public transport users. In defence of his policy of […]
TfL deny claims of cash surplus as Labour calls for fares cut
Transport for London has denied claims that it is sitting on a £890m cash surplus which could be used to fund a fares freeze. The latest credit report from Moody’s claims the capital’s transport body has “a budgetary surplus of GBP 890.6 million”. The report has prompted the London Assembly Labour group to repeat calls […]
TfL outlines ambitious plan to increase non-fare revenues
The proportion of revenue raised by Transport for London from commercial activities is set to increase under ambitious new plans presented to the London Assembly/
Londoners make one million contactless bus journeys
More than one million London bus journeys have been paid for by contactless debit or credit card. In December Transport for London added the ability for bus users to pay their fares via the cards, allowing passengers lacking an Oyster card or whose Oyster has insufficient credit to complete their journey without paying the higher […]
Boris confirms TfL will consider introducing a part-time Travelcard
Transport for London could introduce a part-time Travelcard as part of new ticketing offers, Mayor Boris Johnson has said. In January Liberal Democrat London Assembly Member Caroline Pidgeon asked the Mayor to consider introducing a new Travelcard, giving part-time workers access to the same low and flexible fares as existing Travelcard holders. Pidgeon’s call was […]
