Boris 'secured' £100m to keep fares as low as possible

Before the end of the year I will spell out further investment on the transport network that will help us to provide faster, more frequent and reliable journeys for Londoners, which is crucial to the economic development and growth that is so vital to our great city.

This fares package is hugely important to our millions of passengers and I am very pleased to have secured nearly £100 million that will help to keep fares as low as possible, and protect the important concessions that we offer the most vulnerable Londoners.

– BORIS JOHNSON

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London fares rise

London mayor Boris Johnson has announced an above-inflation increase in tube and bus fares in the capital. Fares will rise by an average of 4.2% in January. .