Sadiq Khan blames second consecutive annual increase on government’s refusal to fund TfL properly
The cost of travelling on London’s tube and bus network will rise by almost 5% from next month, the biggest increase in more than a decade, as the body responsible for running the capital’s transport network struggles to plug a funding shortfall.
The average 4.8% rise, which matches the rate of inflation, means that most fares will increase by between 10p and 20p. However, some bus fares will rise by 6.5%.