London Bus & Tram Fare Freeze Extended to November Amid Cost of Living
UKPulse Local Desk
London Mayor Sadiq Khan has prolonged the freeze on bus and tram fares until November, aiming to ease financial pressure on commuters. This extension will keep single fares at GBP1.75, benefiting millions of daily users across the capital.
- London bus and tram fares will remain frozen at GBP1.75 until November.
- The fare freeze was initially introduced in March 2024 and was set to expire in July.
- This initiative aims to support Londoners with the ongoing cost of living crisis.
- The Mayor states that over 80 million bus journeys have been made under the current freeze.
- All other Transport for London (TfL) fares, including Tube and Overground, saw an increase of nearly 5% earlier this year.
Londoners will get some respite from spiralling living costs as Mayor Sadiq Khan extends the bus and tram fare freeze until November, keeping single journey tickets at a maximum of GBP1.75. The move, initially implemented in March 2024 and previously due to end in July, is aimed at easing the financial burden on millions of commuters struggling with the cost of living crisis.
The Mayor's office points out that over 80 million bus journeys have been made at the frozen rate since its introduction, benefiting those who rely most on public transport for shorter journeys – often lower-income households. While other Transport for London (TfL) services had a significant fare increase in March, with Tube, DLR, and Overground fares rising by an average of 4.9%, bus and tram tickets remain frozen.
The decision to extend the freeze reflects a broader effort to make public transport more accessible and affordable, particularly for those who depend on buses and trams daily. Mayor Khan's office stressed the importance of keeping essential travel costs down in the face of economic challenges.
The GBP123 million funding for this extension comes from City Hall, allocated as part of a package aimed at mitigating rising costs and ensuring public transport remains an accessible option for all Londoners.
Why this matters: This extension impacts millions of Londoners who rely on buses and trams for daily commutes, offering a small but significant relief amidst the ongoing cost of living crisis. It also highlights the differing financial approaches taken across various public transport modes in the capital.
What this means for you: What this means for you: If you are a London resident or regularly use London's bus and tram services, your single journey fare will remain at GBP1.75 until November, helping you save money on your daily travel.