Will cutting London's paper Travelcard save money?

<p>London’s original one-day Travelcard made of paper, was once the affordable magnet-strip ticket unlocking the capital for the masses - but now Mayor Sadiq Khan’s considering scrapping it, after 40 years’ service.</p><p>Amid financial pressures, Khan’s looking to ditch the ‘all-you-can-travel’ physical tickets as tube, bus and rail passengers move to pay-as-you-ride contactless payments.</p><p>But there are concerns losing the iconic transport pass could see commuters suffering more financial misery.</p><p>The Leader podcast’s joined by Dr James Fowler, a lecturer in strategy at the University of Essex Business School and author of&nbsp;Strategy and Managed Decline: London Transport 1948-87.</p><p><br></p><br /><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>