If London’s transport network is not moving forward, it is falling behind. Future planning is key, and therefore Transport for London’s updated business plan is a useful insight into what passengers can expect.
TfL predicts that the annual take from fares will increase from about £4.3bn to £6bn over the next three years. This is in part due to passenger numbers continuing to recover, but also thanks to an annual — and Government-mandated — rise of roughly four per cent potentially followed by an RPI inflation plus one per cent rise for two years.
