Tube travellers and London bus passengers will face above-inflation fare rises in the new year.
Mayor Boris Johnson announced today that bus and Tube fares would be rising by an average of 4.2% from January 2 2013.
Mr Johnson also announced that charges for his "Boris bike" Barclays Cycle Hire scheme will double, with daily hire going up from £1 to £2, weekly access rising from £5 to £10 and yearly membership going up from £45 to £90.
He said he had managed to keep the bus and Tube rise down to 1% above the July 2012 RPI inflation rate by securing an extra £96 million of funding.
The average rise - the same as the January 2013 increase for national main line season ticketholders - means some fares will go up by more than 4.2% while some will go up by less.
On the "Boris bike" scheme, the majority of trips are made within the free 30-minute usage charge period and additional charges for late return, non-return and bicycle damage will not increase.