Household Bills
Households to save £200 as TfL fares to be frozen until 2020
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Paloma KubiakThe Mayor of London has announced a price freeze on TfL fares to 2020, saving households an average of £200 over the four-year period.
Sadiq Khan has today committed to freeze fares on TfL journeys, including on the London underground, bus and tram network, as well as pay-as-you-go single and return journeys on the DLR, Emirates Airline and rail services (overground) where TfL fares apply.
The Mayor also confirmed that hire and access on Santander Cycles will be frozen in a bid to encourage more people to cycle around the capital.
However, the fare freeze won’t apply to travelcard journeys which incorporate some rail stations such as those covered by Southeastern and Southern as these come under the government’s control with prices set in relation to RPI (inflation) figures.
Around four million journeys a day across London will benefit from the TfL fares freeze and it is expected to put back about £40m into the pockets of Londoners next year.
Just in September, the Mayor announced the launch of the new ‘Hopper’ fare allowing passengers to change onto another bus or tram for free within one hour of touching in at the start of their journey.
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Sadiq Khan, Mayor of London, said: “After years of huge fare increases for London passengers, I’m delighted to be formally announcing our plans to freeze TfL fares across London’s transport network.
“I’m now demanding that the government follows my lead and freezes fares on London’s suburban rail routes, where passengers have been hit by unacceptable delays, cancellations and overcrowding. It’s simply not right that London’s rail passengers face another fares hikes caused by the government next year – the onus is on the government to ensure every passenger in London gets the fares freeze they deserve.”
Fares will also be frozen on c2c services from Grays to Fenchurch Street and on Chiltern Railways from Amersham to Marylebone and West Ruislip to Marylebone as these fares are set by TfL.