Tube and bus fares

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Since 2004 Tube and bus cash fares have increased year-on-year and they are set to increase further. For Londoners on low incomes higher cash fares could mean public transport becomes unaffordable unless they are using Oyster cards. The Budget Committee has sought to identify how far such Londoners are taking up Oyster cards. It has also considered the extent to which the Mayor consults on his fare changes to ensure any adverse effects are identified and addressed. This report sets out the Budget Committee's findings and includes specific recommendations to the Mayor and TfL. It also includes details of external research commissioned by the Budget Committee into Tube and bus fares.