Mayor Sadiq Khan has vowed to “resist” any attempt by the Government to link the annual increase in Tube and bus fares to the soaring rate of inflation. Transport for London fares are normally based on the July RPI rate of inflation, which is due to be announced on Wednesday.
Last month’s rate was 11.8 per cent and there are fears of it exceeding 12 per cent — which would lead to a record rise in TfL fares from next March.
