Date set for cash ban on buses in Newham

12:50 10 April 2014

Passengers will no longer be able to pay with money on London buses from July

Passengers will no longer be able to pay with money on London buses from July


Cash will no longer be accepted on London buses as of this summer, Tfl has announced.

Cash will not be accepted on any buses from 4.30am on Sunday, July 6

Tfl claims it costs £24 million a year to accept cash on buses

A single Oyster bus fare costs £1.45

A single cash bus fare costs £2.40

There are 24,500 bus drivers in London

1% of passengers pay by cash

Saturday, July 5, will be the last day cash fares will be accepted on any route in the capital.

The decision follows a rise in the number of people paying with Oyster or contactless payment cards.

Transport for London claims cash is now used on just 1 per cent of journeys, down from a quarter at the turn of the millennium, and is expected to continue falling.

Leon Daniels, managing director for Tfl surface transport, said: “As Londoners and visitors change the way they pay for goods and services in the capital I am proud that we are at the forefront of that change.”

The decision to withdraw cash fares was made following a consultation that ran for three months from August last year and attracted more than 37,000 responses.

Tfl estimates it costs them £24 million a year to accept cash on its buses and claims the decision to stop will deliver £130 million in savings over eight years to 2022, which it says will be reinvested in improving transport in the capital.

However, not everyone has supported the decision.

Independent transport watchdog London Travel Watch said while it recognised the benefits for cost and time saving, it had a “number of concerns”.

A spokesman said: “Our view is that removing cash as a means of payment is not acceptable in the current environment.”

In a bid to ensure a smooth transition Tfl said it would be adding more Oyster ticket stops in outer London and would be refreshing guidance for its 24,500 bus drivers.

It is also set to introduce a “one more journey” feature that will allow passengers who do not have sufficient credit for a bus fare, but have a positive balance on their card, to make an additional bus journey.

Currently is costs £1.45 for a single bus journey by Oyster or contactless payment card — capped at £4.40 per day — rising to £2.40 for cash fares.


Latest Newham News Stories

Yesterday, 17:00

A chief executive of a homeless charity has urged MPs to turn up and vote in favour of a bill to reduce homelessness this friday.

House of Commons
Yesterday, 15:43

Part stand-up, part TED talk and part social commentary, Muvvahood is not the usual cultural view of single mums, according to its creator.

Yesterday, 11:23

Police investigating crowd violence at West Ham’s London Stadium have this morning released images of seven men they want to speak to.

Thames Magistrates' Court
Yesterday, 11:00

The House of Commons justice committee said last week that there were “serious” problems with the diversity of magistrates and that they needed to be “far more representative”.

House of Commons

Newsletter Sign Up

Most read news


Show Job Lists


Cosmetics, toiletries, vitamins and more. Boots is the number one choice when it comes to purchasing daily essentials.

Read more

If you’re obsessed with Apple or just love a good gadget, this is a prize that will blow you away! An incredible £3,333 to spend on Apple goodies! How would you like to be the proud new owner of the Apple Watch?

Read more

Digital Edition


Enjoy the
Newham Recorder
e-edition today


Education and Training


Read the
Education and Training
e-edition today

Read Now