Higher fares have come into effect across London’s public transport network Mayor Boris Johnson had originally announced average increases of 7.2%. However in December Chancellor George Osborne announced he was making funds available to lower the increase. The Mayor subsequently announced a revised fares package that would see “overall” increases of 5.6%, although some fares […]
Livingstone promises to reverse latest fares increase
Ken Livingstone has promised to cut fares by 7%, effectively reversing January’s increases, if elected Mayor next May. Fares have risen by inflation plus two percent each year since Boris Johnson was elected in 2008 and were originally due to increase by 7% in January. City Hall says the increases are necessary to ensure continued […]
Johnson unveils revised fares hike – increases as high as 8%
Boris Johnson has unveiled his revised fares rises which will come into effect from January. Fares had been expected to increase by an average of 7.2%, in line with the Mayor’s policy that increases be set 2% above RPI. However on Tuesday Chancellor George Osborne announced he was making funds available to lower the increase. […]
London fares cap welcomed
Chancellor George Osborne’s announcement of a cap on fares increases has been welcomed by London politicians. Fares on London’s transport services were due to increase by 7.2% in January under Boris Johnson’s rolling formula of RPI + 2%. The Mayor has previously defended his increases, insisting they war necessary for investment in services. However on […]
London Assembly Greens call for fares debate ‘based on facts’
City Hall Greens have called for a fares debate “based upon facts” following publication of figures showing the average fare increases since 2005. The figures, provided to London Assembly Member Darren Johnson by Mayor Boris Johnson, show average bus fares rose by 23% between 2005 and 2008 and 32% between 2009 and 2012. Tube fares […]
