- 7 updates
Since the Congestion Charge was introduced in 2003, TfL says more than £1.2 billion of revenue has been re-invested in transport, including:
- £960m on improvements to the bus network
- £102m on roads and bridges
- £70m on road safety
- £51m on local transport/borough plans
- £36m on sustainable transport and the environment
Transport for London says:
"While TfL recognises the increase may not be widely welcomed, it is vital to maintain the effectiveness of the scheme. The increase will ensure the charge remains an effective deterrent to all but the most essential journeys into the centre of London.
"It will also contribute an additional income of £82.7m over the course of the next five years, which will be re-invested into London’s transport network – including modernising London’s roads infrastructure."
The 17 per cent increase fro commercial vehicles is an unfair tax on businesses which have no option other than to use the city’s roads, says Freight Transport Association.
It also complains that there are no charge-free breaks in the daytime to encourage deliveries to be made outside of rush hour.
Londoners' reactions to the congestion charge increase this morning ranged from 'ridiculous' to 'worth it'.
The congestion charge increases from ten pounds per day to eleven-pounds-fifty this morning.
Campaigners say price-hike is a regressive step that will hit small businesses, but Transport for London says it will ensure the charge 'remains effective in managing congestion'.
The new fee comes into effect from 7am.