Kingston Area Travellers' Association

High inflation could mean Londoners are hit by a big rise in public transport fares next year, the London Assembly heard.

Transport for London told the Assembly’s Budget and Performance Committee that high inflation is affecting its costs and some of that may need to be passed onto passengers next year.

TfL is therefore likely to recommend to the Mayor that fares from January will need to rise by two percent on top of the rate of inflation, which would be seven percent based on current figures.