TfL fares: 2022 vs 2012 - how do they compare?
- Credit: Archant
The biggest increase to TfL fares in a decade will take effect in a week's time.
With prices set to increase by an average of 4.8 percent from March 1, Londoners can add travel to a list of escalating costs which also features soaring energy prices and an imminent increase to National Insurance.
Key changes to TfL charges include a 10p increase to single tube fares in zone one, alongside a jump of between 10p-30p across the rest of the network.
Bus fares will rise by 10p - and 6.5pc - to £1.65.
The full list of increases can be seen in the tables below.
Much has been made of this being the biggest rise in a decade, but how did things look ten years ago?
This paper delved into the TfL archives to find out.
An information document from December 2, 2011 - still available on the transport body's website - reveals that fares for 2012 rose by 5.6pc on average.
Though this percentage is higher than the average 4.8pc hike slated for 2022, the end result is notably different.
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The table below shows how the prices compare between 2012 and 2022.
Bus fares also increased by 3.8pc between 2011 and 2012, rising from £1.30 to £1.35 per single ticket.
Significantly, government intervention was involved in both increases.
Ten years ago, the then mayor of London Boris Johnson announced the increase on the back of securing £136m in government funding.
Fast-forward a decade, and current incumbent Sadiq Khan claims the government's refusal to "properly fund" an ailing TfL has prompted this increase - the second successive rise implemented by the mayor.
The revised prices will be introduced from next Tuesday, March 1.