11 December 2025
Today’s fares announcement is a bitter-sweet pill for Londoners to swallow, as they continue to endure a cost of living crisis and some of the most expensive public transport fares in Europe.
On the one hand, there are some crumbs of comfort, such as the temporary respite for bus and tram users and the freeze in weekly and daily caps and Travelcard prices – as well as the promise of improved services, albeit paid for by inflation-busting rises in Tube and TfL Rail fares.
On the other hand, delays to the delivery of new Tube and DLR trains, alongside worsening bus speeds across the capital, will make the overall package feel like a hard sell to many passengers.
Coming on top of last summer’s price rise for concessionary cards and next month’s hike in the congestion charge, Transport for London will need to run ever faster to show it is delivering value for money to the travelling public.
