• From The BBC:

    Bus and Tube fares will both rise by above-inflation rates in 2010, London 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. 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 London Labour group said it was a “kick in the teeth” for passengers. The mayor said the price of a seven-day bus pass will also jump from £13.80 to £16.60 but London Travelcard prices will be frozen in the vast majority of cases. Last year Mr Johnson raised prices by 6%, blaming the former administration for creating an £80m financial hole. Mr Johnson said on Thursday: “Nobody wants to make an announcement like this, especially when Londoners are feeling the effects of the recession.”
    He added: “The mistakes of the past and the current economic climate have c…

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    Posted by Jon @ 5:46 pm

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