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| Version 1 | Version 2 |
|---|---|
| London travel fares to increase | London travel fares to increase |
| (30 minutes later) | |
| London's bus and Tube fares will both rise in 2010, the Mayor Boris Johnson has announced. | |
| Bus fares are to go up by 12.7% and Tube fares will rise by 3.9%. Oyster card pay-as-you-go bus journeys are to rise from £1 to £1.20. | Bus fares are to go up by 12.7% and Tube fares will rise by 3.9%. Oyster card pay-as-you-go bus journeys are to rise from £1 to £1.20. |
| Meanwhile the price of a seven-day bus pass will jump from £13.80 to £16.60. | Meanwhile the price of a seven-day bus pass will jump from £13.80 to £16.60. |
| The Congestion Charge is rising to £10, while Mr Johnson said a £9 charge for those using a new account system would be operational next year. | The Congestion Charge is rising to £10, while Mr Johnson said a £9 charge for those using a new account system would be operational next year. |
| Last year Mr Johnson raised prices by 6%, blaming the former administration for creating an £80m financial hole. | Last year Mr Johnson raised prices by 6%, blaming the former administration for creating an £80m financial hole. |
| Mr Johnson said: "Nobody wants to make an announcement like this, especially when Londoners are feeling the effects of the recession." | Mr Johnson said: "Nobody wants to make an announcement like this, especially when Londoners are feeling the effects of the recession." |
| KEY FARE RISES Tube fares are to rise by 3.9%London bus fares will go up by 12.7%Seven-day bus pass rising from £13.80 to £16.60A Zone One Oyster pay-as-you-go Tube fare going up from £1.60 to £1.80Congestion Charge rises to £10 Complete fare rises for 2010 | |
| He added: "The mistakes of the past and the current economic climate have conspired to present us with a huge challenge." | He added: "The mistakes of the past and the current economic climate have conspired to present us with a huge challenge." |
| He said he had only been persuaded of the need for fare rises after ensuring every efficiency possible - at least £5bn in total - was being made at Transport for London (TfL). | He said he had only been persuaded of the need for fare rises after ensuring every efficiency possible - at least £5bn in total - was being made at Transport for London (TfL). |
| TfL's business plan, to be considered by the board next week includes the deferral by three years of all remaining station renewals which were to have been completed by the failed Tube maintenance company Metronet. | |
| Work to upgrade one of the Tube's busiest stations - Victoria - will not now be completed until 2018 and there will be some limited bus service reductions and minor reductions in service on some parts of the Tube. | |
| The budget deficit has also been hit by a fall in passenger numbers on London Underground due to the recession. | The budget deficit has also been hit by a fall in passenger numbers on London Underground due to the recession. |
| Passenger numbers on the Tube fell by 6.4% in August. The 190,000 fewer journeys was the biggest monthly fall in 20 years. | Passenger numbers on the Tube fell by 6.4% in August. The 190,000 fewer journeys was the biggest monthly fall in 20 years. |
| Labour's deputy leader on the London Assembly, John Biggs, said: "This is a massive kick in the teeth for hard-pressed Londoners at a time when many are struggling with the recession." | |