
• TfL fares are likely to rise by 5.8% next March, as required by the Government’s funding deal (RPI + 1), meaning no freeze for Tube, Overground, Elizabeth line or Travelcards despite the national rail fares freeze
• Typical Tube fares will increase by 5p–20p, raising, for example, a Zones 1–2 peak fare from £3.50 to £3.70, but bus fares may be protected
• City Hall says the above-inflation rise is tied to securing £2.2bn in funding, with money from fares and road-user charges helping to fund new Piccadilly line trains and the DLR expansion
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