The government is signaling to London's mayor that increasing Tube and bus fares is a priority, linking it to future transport funding assessments.
Sadiq Khan has not yet made a decision on next year's fares, but the government implies that fare hikes will influence negotiations on Transport for London's funding.
Transport Secretary Louise Haigh's letter asserts that regulated rail fares will serve as a baseline for evaluating future investment in London’s transport.
The expectation is clear: the government will consider fare increases as part of their planning, indicating a strong push for revenue generation by the mayor.
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