Summary
The cost of using the London Underground will increase by 5.8% in March 2026. This fare hike is connected to a funding deal between Transport for London (TfL) and the UK government. Prices for buses and trams will stay the same until July 2026 as a cost-of-living measure.
Key Facts
- London Underground fares will rise by 5.8% in March 2026.
- The increase is set at 1% above the rate of inflation.
- The fare hike is part of a funding agreement between TfL and the UK government.
- Travelcard prices will remain the same until March 2027.
- Bus and tram fares will be frozen until July 2026.
- The fare freeze for buses and trams aims to help people with lower incomes.
- Mayor Sadiq Khan says pay-as-you-go fare increases on the Tube will be limited to 20p, or even just 10p in some cases.