You might have thought that London was already expensive, but next year you can look forward to budgeting even more money when visiting the English capital. Mayor Boris Johnson plans to raise London Underground train and bus fares next year by an average of 6% above the inflation rate.
What exactly does that work out to? The cheapest London Underground fare which you can get by using an Oyster prepaid card will rise to £1.60, or $2.85, in January from the current price of £1.50. That doesn’t seem like a huge change, but for people — and even tourists — who use public transportation on a frequent basis, it certainly feels like it.
The current London Underground cash fare for a ticket — £4 — is reported to be the highest in the world for a subway system; apparently the city really wants to keep its ranking.