The Mayor has kept fares in the capital lower than anywhere else in the country, while protecting all free and concessionary travel for older people, students, veterans and disabled Londoners.
Every penny from fares is invested in improving transport for Londoners, resulting in one of the biggest and most reliable transport systems in the world.
He will make a decision on fares for 2014 later this year but has publicly stated that he is determined to bear down on them as much as possible.
More top news
A drunk man who narrowly escaped death when he lay down between train tracks in Harlow has been given a 12-month community order.
A man from north London has been charged with the manslaughter of Louella Eve Fletcher-Michie, who died at the Bestival music festival.
The mother of Ellie Butler - the six-year-old murdered by her father - has lost a bid to challenge her conviction.