Fares to fall as TfL take over rail services
- Credit: Archant
Cash-strapped commuters may find themselves saving a few extra pennies from this month if they are affected by Transport for London’s (TfL) latest takeover.
A handful of key rail services transferred to London Overground on Sunday with TfL announcing that passengers will benefit from lower fares as a result.
The government body now controls a number of services, including the Liverpool Street to Shenfield stopping service that runs through Stratford, Maryland, Forest Gate and Manor Park.
About 80 per cent of the pay-as-you-go fares on the transferred routes are expected to reduce in price, with some falling by as much as 40 per cent.
None of the prices will increase, TfL has said.
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Children and the over-60s are also expected to gain as concessions and discounts will now apply.
These include free travel for under 11s accompanied by an adult, lower Zip Oyster photocard fares for under 16s and free travel for the over-60s with a valid pass.
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The Mayor of London, Boris Johnson, said: “This is fantastic news for commuters, who won’t just be benefiting from being part of the wonderfully efficient London Overground network, but for many of them their fares will be reduced as well.
“This is a clear demonstration of why it is a no-brainer for TfL to be given more control of suburban rail services, enabling more people to reap the benefits of rail devolution.”
Although TfL will now manage the Liverpool Street to Shenfield stopping services, in preparation for the introduction of Crossrail in 2017, Shenfield station will continue to be managed by Abellio Greater Anglia.
While TfL will set fares outside of zone one to the rest of the TfL network, including the Docklands and Stratford, Abellio Greater Anglia will continue to set pay-as-you-go fares from Shenfield to zone one.