TfL fare changes (1)

Meeting: 
MQT on 2014-12-17
Session date: 
December 17, 2014
Reference: 
2014/5078
Question By: 
Caroline Pidgeon
Organisation: 
Liberal Democrats
Asked Of: 
The Mayor
Category: 

Question

While I welcome the changes to TfL's fare structure which will help part-time workers, I am concerned that passengers who occasionally travel to central London from Zones 4-6 will be hit by significant increases in fares. The scrapping of the Off-Peak cap will lead to thousands of people paying more - will you review the proposals to give a fairer deal to these passengers?

Answer

Answer for TfL fare changes (1)

Answer for TfL fare changes (1)

Answered By: 
The Mayor

Like you, I am pleased by the support for the initiative to help part-time workers.

This reduces the all-day Oyster caps to 20 per cent of the cost of a weekly Travelcard. The new 20 per cent caps will benefit 200,000 users a day.

I am also glad that I have been able to achieve this while also holding down the price of the Travelcard season ticket to just below inflation. This benefits around a million users a day.

Most of the cost of the new pay as you go caps are being offset by increases in the prices of paper one day Travelcards. A quarter of the cost is being met by the withdrawal of the off-peak caps.

TfL estimates this will increase the fares paid by under 2% of PAYG users. By contrast, the new lower all-day caps will benefit nearly 10 times as many users. 

I am confident the changes we are making will be good for London.  However, I can assure you that we will keep our fares under close review to ensure that they reflect the changing needs of London's people.