Congestion charge hike to net TfL extra 40m in 2026 - London Business News | Londonlovesbusiness.com
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Congestion charge hike to net TfL extra 40m in 2026 - London Business News | Londonlovesbusiness.com
"The £3 daily increase means a commuting driver will pay £4,500 per year in Congestion Charge fees if they drive into the capital five days a week, a hike of £750."
"Our analysis, based on 250 working days per year, highlights the heavy financial impact the increase will have on individual drivers and businesses."
"EV drivers will be hit with the charge for the first time, but car drivers will get 25% off and van drivers will get 50% off the daily £18 fee by setting up Auto Pay. Petrol and diesel HGV drivers can also benefit from a 50% saving by using Auto Pay."
The Congestion Charge will rise from £15 to £18 on 2 January 2026, a 20% increase with further annual increases aligned to other TfL fares from 2027. Transport for London recorded £202.8 million in Congestion Charge payments between April 2024 and March 2025; the price increase could raise total revenue to more than £243 million in 2026. The £3 daily hike increases annual costs by £750 for five-day-a-week commuters based on 250 working days, bringing yearly payments to £4,500. Electric vehicles will be liable for the charge for the first time but can access 25–50% discounts via Auto Pay. The charge has risen from £5 in 2003 to £15 previously, a 200% increase.
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