The future of the distinctive London taxi has been secured, after the makers of black cabs were bought out of administration. Manganese Bronze was financially struggling last year, and fell into administration after a technical fault meant hundreds of cabs had to be recalled.
Here's Charlotte Grant.
There'll be a 1.8% increase in fares during peak times - between 6am and 8pm Monday to Friday.
Passengers travelling from Heathrow Airport will reportedly be hit hardest by an increase in Black cab fares. A rise of 1.7% looks set to be approved by Transport for London from April 6. It's almost three times more than the rise in the cost of fuel. The increase follows a 5.3% rise last year
For those travelling to Heathrow - there will also be an 80p jump in the surcharge. TfL says the cost of an ''average'' fare, which is a journey of about 3.5 miles, will rise from £12.42 to £12.63. That will increase to £15.57 between 10pm and 6am.
The post Olympic high to appears to have worn off: today rail passengers found out the cost of travel will be much higher than expected.
A surprise jump in the rate of inflation means ticket prices will go up by at least 6.2% next January.
Unions joined commuters in their fury today after it was announced that train fares will go up again next year - this time by an average 6 point 2 per cent.
Campaigners held up a huge banner at London's Waterloo station, which read: "Cut rail fares, not rail staff."
They handed out leaflets, in the shape of train tickets, urging passengers to take action against rising fares and cuts to jobs and services.
Mr Crow said passengers were being "ripped off" by the relentless rise in the cost of travelling by rail.
"Train companies get billions of pounds in subsidies from the Government, yet still put fares up."Renationalising the railways would save the taxpayer money."
Mr Crow complained that there were 20 different types of ticket prices, yet more ticket offices were being closed or having their hours reduced.
"It's about time the railways were run for the travelling public, not the bosses."
Tens of thousands of rail commuters will have to pay more than £5,000 a year for their season tickets, a union warned today.
Read the full storyThe Transport Secretary Justine Greening has admitted that train fares could rise by inflation plus 3% next January. Regulated fares are allowed to rise by 3% above the Retail Price Index inflation figure and Ms Greening indicated the extra money would be needed to stabiliise the rail industry.
This year, the rise was reduced to just 1% above RPI inflation but Ms Greening said there was no guarantee that the money could be found to allow a similar limit in 2013.
The Labour mayoral candidate Ken Livingstone has insisted that his plan to cut transport fares in London by 7% is affordable. Transport for London has said the cut could threaten investment but Mr Livingstone thinks it will boost the number of passengers.
