November 11, 2014
Today, the Mayor of London, Boris Johnson, announced TfL’s fares for 2015 and the provisions that will give flexible and part-time workers with unpredictable hours access to lower fares. This reflects modern day travel patterns and delivers on a commitment to the London Assembly to address the needs of part-time workers. The cost to us of this change is £20m per annum.
Some of the key benefits that will affect visitors to London:
1. For those using Visitor Oyster cards, the maximum daily Oyster pay as you go fare will be capped at one-fifth the price of a weekly travelcard – meaning the zone 1-2 daily cap will fall from £8.40 to £6.40 (this applies to all Oyster users)
2. A 34 per cent discount on off peak Day Travelcards will also be introduced for visitor groups of 10 or more. This will cost £8 for adults and £4 for under 16s
3. A new One Day Bus & Tram Pass costing £5 will be introduced for occasional bus users and visitors to London.
Other provisions include:
TfL has acknowledged that it recognises that London’s workforce has changed. Twenty two per cent of Londoners now work part time, while many others have flexible working patterns and do not know how many days or hours they will need to work each week. To support this the Mayor is cutting pay as you go daily caps dramatically so they become one fifth of the cost of a 7 Day Travelcard to Zone 1. This produces a much fairer commuting cost for part time workers, and will mean that those with unpredictable working patterns can simply use pay as you go Oyster or contactless payments with the new guarantee that they will pay no more in a day than one fifth of the cost of a seven day Travelcard ticket.
Daily fare capping allows customers using Oyster or contactless payments to make as many journeys as they need to in a single day but caps the amount they pay for their travel at a set level. Once the total amount of all the fares reaches a certain amount the customer will not have to pay any more for their journeys for the rest of the day.
The all day cap for Zones 1-2 will be cut by £2.00 from £8.40 to £6.40; and for Zones 1-6 by over £4.00 from £15.80 to £11.70. The maximum savings for flexible workers using pay as you go will be considerable, ranging from £200 to over £600 per year. When a 3 days a week customer travels between Zones 1 to 5 in 2015 they will pay a maximum of £10.90 a day, rather than the current maximum of £15.80, saving £4.90 a day, or £14.70 a week. Over a year (for example 45 weeks) the savings are over £600 a year. We estimate that over 600,000 customers will pay lower fares over the course of a week.
Visitors to London
The Visitor Oyster card will continue to be available and is a great solution for international visitors to London. It can be bought online via TfL’s Visitor Shop before travelling to London and the card will continue to cost £3 plus postage.
A new One Day Bus & Tram Pass costing £5 will be introduced for occasional bus users and visitors to London. It will be a lightweight single use Oyster card that will not require a deposit and will be available to buy at over 4000 Oyster Ticket Stops and our Travel Information Centres at major transport hubs. A version will also be available at London Underground, National Rail stations and Heathrow Airport to benefit people arriving at Heathrow outside Tube operational hours.
TfL has also introduced a 34 per cent discount on off peak Day Travelcards will be introduced for visitor groups of 10 or more. This will cost £8 for adults and £4 for under 16s (currently off-peak Day Travelcards cost £8.90 for adults and £3.60 for under 16s). These discounts will also be available to Railcard holders. Under 11s accompanied by an adult will continue to travel free on all TfL services.
Visitors from within the UK will also be encouraged to use their contactless payment cards to avoid having to top-up their credit on their trip.
TfL does not make a profit from fares – every penny is invested in delivering and improving transport. As well as meeting the needs of the modern London workforce this fares package will ensure that the unprecedented investment in London’s transport network will continue. The current investment programme includes upgrades to the Tube, rail and road networks and the delivery of Crossrail. It also helps pay for one of the most extensive, reliable and green bus networks in the world and on making the transport system more accessible to everyone.