On 18 November 2016 the Mayor of London, Sadiq Khan, confirmed the TfL fares for 2017. As part of this he announced a four-year ‘fare freeze’ on all ‘TfL fares’ starting next year, meeting his manifesto promise. Whilst this is factually correct, however, TfL fares do not apply to many of the tickets under which regular passengers travel. Indeed the majority of commuters will likely still see a fare increase roughly in line with the Retail Price Index (RPI). We look at the reason for ...
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