London Tube fares to increase by 5.8% next year Train ticket prices to remain unchanged

Londoners will face a 5.8% increase in Tube fares starting in March, as confirmed by City Hall, with the rise necessary to secure over £2 billion in government funding for Transport for London (TfL) projects. This increase, part of an annual review, comes after last year’s 4.6% rise and will affect ticket prices by approximately 5p-20p. Mayor Sadiq Khan deemed the fare hike reasonable to cover £450 million towards capital investments. In contrast, National Rail ticket prices will remain frozen to assist those impacted by the cost-of-living crisis.

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