Sadiq Khan set to oversee whopping 14% rise in tube and bus fares in 2023!

Londoners could face “unprecedented” rises in Tube and bus fares next year according to Sadiq Khan

Sadiq Khan said as a condition of a new funding deal, he may have to reluctantly accept an annual fare rise of inflation plus 1%.

In June the rate of inflation was measured at 11.8%.

The Department for Transport (DfT) said it has provided Transport for London (TfL) with more than £5bn worth of funding since May 2020.

Khan sai passengers could not cope with this extra burden on their living costs: “If the government insists on inflation plus 1%, that could see Londoners paying fare increases of 13 or 14% in January. That’s not on, not fair, and I will resist that.”

Customer numbers plummeted during lockdown and new working from home patterns which Khan greatly encouraged.

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David Clews

Lead Correspondent | David Clews is the Lead Correspondent for UNN, with over 20 years of political/campaigning experience and a wealth of social media and communication skills David gets to the heart of what is really important to the real people of the UK.

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