TfL fares are going up by how much?

<p>The Evening Standard’s Jack Kessler tells the podcast why Transport for London fares are set to rise by around 5 percent from January, and what that could mean for efforts to bring people back to the city centre.</p><p><br></p><p>Normally TfL fares are set each year by the Mayor. But the terms of its third bail-out, agreed by Sadiq Khan with Transport Secretary Grant Shapps in May, state: “TfL will continue with its existing plan to increase fares in line with their business planning assumption of an overall fares increase of RPI+ one per cent on fares under the Mayor’s control in January 2022.”</p><p><br></p><p>Jack says some experts believe it will put people off returning to the commute, a bill many haven’t had to pay since the pandemic began last year – but there’s little chance of a u-turn.&nbsp;</p> &#10;&nbsp;<br /><hr><p style='color: grey; font - size: 0.75em; '>See <a style='color: grey; ' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for privacy and opt-out information.</p>