Colin Buchanan - 'Ten ideas for enhancing London' - Idea 7

Meeting: 
MQT on 2010-06-09
Session date: 
June 9, 2010
Reference: 
2010/2067
Question By: 
John Biggs
Organisation: 
Labour Group
Asked Of: 
The Mayor

Question

What are your views on the ticket pricing suggestions made by Colin Buchanan, including increased fares during peak hours? Do you think this is an idea worth exploring?

Answer

Answer for Colin Buchanan - 'Ten ideas for enhancing London' - Idea 7

Answer for Colin Buchanan - 'Ten ideas for enhancing London' - Idea 7

Answered By: 
The Mayor

I was pleased to see the report acknowledge London's ticketing system as the UK market leader. The report contains some interesting ideas, some of which are already being pursued, for example developing Oyster pay as you go fares enabling prices to be varied by time-of-day. In January 2009 Underground Oyster Pay as you go fares for many journeys were increased in the Mon-Fri peak periods and reduced at other times to help encourage peak spreading and manage demand, as the report suggests.