London froze public transport fares in the city until 2025

London Mayor Sadiq Khan walks on the day he gives evidence at the COVID-19 inquiry, in London, Britain, November 27, 2023. REUTERS/Belinda Jiao/File (BELINDA JIAO/)

The mayor of Londonthe labor Sadiq Khanhas announced that the Transport For London fares (Tfl), the operating company of the public transport network in the British capital, will be frozen until March 2025.

Khan, president of Tfl, indicated that he is not willing to “stand still” while passengers face increases to be able to use public transport, while the Conservative Party perceives the measure as a election strategy to the mayor’s office next May.

The one-year fare freeze will apply, among others, to users who use top-up cards for the bus, metro and DLR train network.

To finance the measure, Khan explained that a portion of 123 million pounds (155 million US dollars) of the planned budget for 2024-2025.

People travel on a London Underground train, Britain, June 17, 2022. REUTERS/Henry Nicholls/File
People travel on a London Underground train, Britain, June 17, 2022. REUTERS/Henry Nicholls/File (HENRY NICHOLLS/)

The Conservatives had already criticized the mayor for having frozen fares four years ago, for the first time, after his election as mayor of London in May 2016, considering that the freeze damages the finances of Tfl and causes the transportation agency to depend on the Government.

”As we see the country’s citizens face another increase in their rail fares – which will rise by 4.9% from next March – I simply was not prepared to stand by and watch Tfl users face a similar increase,” Khan said.

”This is the fifth fare freeze I have introduced since becoming mayor, making city transportation a 21% cheaper than it would have been if rates had increased with inflation,” he added.

According to the mayor, Londoners are in a worse situation due to Brexit and they have some £3,400 ($4,311) less a year.

(With information from EFE)

Source-www.infobae.com