Tube fares will be rising on the London Underground, with Tube fares set to jump by 4.6% in March 2025 as tram and bus fares remain frozen in the capital.
Single fares on the Tube were frozen until 2025, but as we reach that period, pay-as-you-go single fares will rise 10p up to £2.80. These changes will come into play from March 2.
Speaking on the rise in Tube fares, London Mayor Sadiq Khan said: “Following the government’s budget, ministers made clear that to secure national funding for key transport projects in the future, TfL Tube and rail fares would need to increase in line with national rail fares. Vital national government funding will allow us to progress exciting future projects, such as Superloop 2 and more upgrades to the Tube network.”
Daily caps are also set to rise by 40p for anyone travelling in Zones 1 & 2 to £8.90 a day, and for those travelling in Zone 1-3, the prices will go up 50p to £10.50 a day.
The 40p rise in the daily cap for someone travelling only in zones 1 and 2 will take the price to £8.90 a day. For someone travelling between Zones 1 and 3, the cap will be a 50p tise to £10.50 a day.
Bus and tram fares, however, will remain frozen for the sixth time since 2016 with customers still paying £1.75 for unlimited journies within the hour. “More Londoners use the bus than any other form of public transport,” added Sadiq Khan. “And it will particularly benefit those on the lowest incomes.”
TfL also confirmed that concession prices, such as Zip Photocards, 18+ student cards, the 18-25 Care leavers pass and 60+ cards, will stay unchanged.
The 4.6% rise in fares on TfL comes as rail fares rise by the same amount across the country in March, though TfL said that overall increase to fares would sit at 3.6% once the freezing of bus and tram fares were accounted for.
Fares on the Tube will rise on March 2, 2025. Bus and tram fares will remain frozen.