The Mayor of London, Sadiq Khan, has today announced that he will freeze bus and tram fares for an historic sixth time next year, meaning Londoners continue to pay the same fares as since March 2023, keeping them one of the lowest in the UK, and helping¹ to boost ridership on the bus network.

The Mayor also confirmed that Tube and rail fares across London will rise by 4.6 per cent from 2 March 2025 – in line with national rail fare increases across the country. This comes after the Government wrote to the Mayor following the October Budget to say it expected TfL Tube and rail fares to rise in line with national fares in order for London to be able to secure funding for major transport infrastructure² projects in the future.

The freeze on bus and tram fares will support lower-income and disabled Londoners, who are more likely to use bus and tram services, the most accessible way to get around London.

The bus remains³ the most used form of public transport in the capital.