Transport Secretary Louise Haigh has indicated that a rise in Tube fares is expected as part of a funding deal for TfL, emphasizing fiscal responsibilities.
London Mayor Sadiq Khan previously froze fares until March 2025, resulting in only three fare increases in the past eight years, reflecting a cautious approach.
The government anticipates that TfL rail fares will increase in line with national rail fares set to rise by 4.6%, as part of budget conditions.
While no final decision on fare changes has been made, the expectation of fare increases alongside government funding reveals ongoing tensions over TfL's financial management.
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