It means that Transport for London's income from fares will increase by up to 75m over the next 12 months, if travel returns to pre-pandemic levels - the bulk from more expensive Tube journeys.
According to TfL, the overall impact will be an average rise of 1.7 per cent, which is the net impact of fares set by the mayor being frozen and all other fares and prices increasing by 4.9 per cent.
#london-public-transport #transport-for-london #mayor-sadiq-khan #fares-freeze #travelcards-increase
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