Tube fares to increase
There will be annual above-inflation fare increases in London until 2029 as a result of a direction in a letter by the Transport Secretary to the Mayor.
Sir Sadiq Khan has been told that Transport for London fares should rise by the RPI rate of inflation – currently 4.3 per cent – plus one per cent in each of the next four years.
The Government will be closely monitoring how TfL uses the grant it received in the 2025 Spending Review.
It is possible that the introduction of new Piccadilly Line Trains could be delayed.
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