Under Mayoral Decision MD3464, the Mayor has approved changes to #Transport for #London fares from 1 March 2026, balancing affordability with financial sustainability. Bus and tram #fares will be frozen until 5 July 2026, with the adult PAYG single fare remaining at £1.75 and daily and weekly caps unchanged. Tube and other #TfL rail fares where Tube prices apply will rise by six per cent overall, while Travelcards and PAYG caps will be frozen in line with national rail policy. All concessions, including those for children, older people and disabled passengers, will remain in place. The package results in an average TfL fare increase of 3.2 per cent, meeting funding assumptions agreed with government while keeping fares below long-term inflation and National Rail increases. A further decision will be taken later in 2026 on whether to extend the bus and tram fare freeze. https://www.london.gov.uk/md3464-march-2026-transport-london-fare-changes