Transport for London (TfL) rail fares have risen by an average of 4.2 per cent, as the new 2013 pricing structure is rolled out at ticket offices around the country.
Tube cash fares have increased by 20p, while Oyster pay-as-you-go fares have risen by either 10p or 20p.
As part of the package, the Oyster daily price cap for TfL rail and National Rail services has been frozen.
Earlier this month, TfL set out its future investment plans, which include doubling the Docklands Light Railway (DLR) tracks between Stratford and Bow Church, increasing capacity on the Overground and further investment in the Underground network.
The Mayor of London, Boris Johnson, said: “Further investment on the transport network will help us to provide faster, more frequent and reliable journeys for Londoners and is crucial to the economic development and growth that is so vital to our great city.
“This fares package is hugely important to our millions of passengers and I am very pleased to have secured nearly £100 million that will help to keep fares as low as possible and protect the important concessions that we offer the most vulnerable Londoners.”
Concessionary travel for young people, veterans, disabled and elderly passengers has been protected in the 2013 pricing structure.
The Oyster card network will also be extended from January 2, following the installation of readers at stations in Essex and Hertfordshire.
