Mayor of London: Tube and rail fares to rise by 4.6 per cent in line | RailBusinessDaily

The Mayor of London, Sadiq Khan, has announced that he will freeze bus and tram fares for an historic sixth time next year, but that Tube and rail fares across London will rise by 4.6 per cent from 2 March 2025. This is in line with national rail fare increases across the country.

It comes after the Government wrote to the Mayor following the October Budget to say it expected TfL Tube and rail fares to rise in line with national fares in order for London to be able to secure funding for major transport infrastructure projects in the future. 

The bus remains the most used form of public transport in the capital. Across London, bus ridership continues to grow, with more than 1 billion bus journeys made already this financial year. More than 95 per cent of Londoners live within 400 metres of a bus stop and the Mayor has worked hard to ensure buses remain the most accessible, affordable and sustainable form of transport. The Mayor’s Hopper fare, which provides unlimited bus and tram journeys within an hour of your first journey for just £1.75, remains in place.

All concessions, including Zip photocards, the 18+ student photocard, the 18-25 Carer leavers pass and the 60+ London photocard will remain unchanged, providing free or discounted transport for millions of Londoners.

The Mayor of London, Sadiq Khan, said: “Londoners know from my record that wherever possible I’ve made TfL fares more affordable and fairer for Londoners – whether through the introduction of the Hopper bus fare or freezing TfL fares for five years as Mayor.

“I’m really pleased to announce that I’ll be freezing bus and tram fares yet again next year, making it the sixth time since 2016. More Londoners use the bus than any other form of public transport, and it will particularly benefit those on the lowest incomes.

“Following the Government’s budget, ministers made clear that to secure national funding for key transport projects in the future, TfL Tube and rail fares would need to increase in line with national rail fares. Vital national government funding will allow us to progress exciting future projects, such as Superloop 2 and more upgrades to the Tube network, as we continue building a fairer, safer and greener London for everyone.’

Alex Williams, Chief Customer and Strategy Officer at TfL, said: “This fares package aims to keep fares as affordable as possible while supporting London’s continued economic growth. Through daily and weekly capping, as well as the Hopper fare and our wide range of concessions, people using our services can continue to get the best value fare by using pay as you go with contactless and Oyster.”

For more information, visit www.tfl.gov.uk/fares