Oyster card bus and tram fares cut by 10p
Robert Dex, Evening Standard1 Oct 2007
All bus and tram fares paid for by Oyster card have been cut from today from £1 to 90p.
The price of a weekly bus pass on Oyster was reduced from £14 to £13 in moves unveiled by Ken Livingstone. Cash fares remain at £2 per journey.
The Mayor said transport would become part of the "election battle ground" between him and Conservative challenger Boris Johnson.
Mr Livingstone said: "When I came in, the buses were a rundown service, underfunded and underused. We now have more people than ever using the buses. That is why it will be an election issue."
He added that the cut would help some of the poorest people in London.
He said: "The buses go equally north and south of the river and across all the zones so it is fairer to cut fares on them as opposed to the Tube.
"I would love to be able to announce a cut to Tube fares as well but the train operating companies have the right to ask for a rise of inflation plus one per cent as part of their deal on the Tube.
This cut has cost around £36 million which we have raised from the increases in passengers. But a cut on the Tube would cost hundreds of millions of pounds and we don't have that kind of money."
Transport Commissioner Peter Hendy, who joined Mr Livingstone at the launch of the new fares, said the system would be able to cope with extra passengers tempted on to the buses by cheaper fares.
He said: "We have the best bus service in terms of reliability that we have had since 1958.
"This was borne out last year when almost two billion people travelled on London buses, the highest number since the Sixties. The cut to the price of the weekly bus pass also means this is the cheapest big city in the country to travel around by bus."
The cut was introduced overnight - a move made possible by the electronic system which is centrally programmed. It is the latest variation in fares made possible by Oyster.
Discount fares for people on income support were introduced in August, with half-price bus and tram travel.
More than 10 million of the swipe cards have been issued. Its popularity has led to credit card companies producing a "super Oyster" which can be used to pay for items under £10 in some shops. Experts believe London is heading for a "cashless Zone 1", with almost all financial transactions taking place electronically.
Reader views (6)
Has everyone forgotten that bus fares were 80p last December?
- Boxer, London, 02/10/2007 09:57
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I may live in Birmingham and therefore an irregular user, but the Oyster card saves me a lot of hassle in jumping off the train and onto the tube or bus. The point in the increased cash fares is to promote oyster card use. Stop complaining about increased cash fares and buy an oyster card for less than the price of a sandwich.
High cash fares on buses is NOT an excuse for taking the car: London Oyster peak fares are cheaper than Birmingham off-peak fares. You live in the city with one of the best public transport systems in the world, use it.
- Jamie Hodgson, Birmingham, UK, 01/10/2007 22:22
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10p? Wow, I'll take the car again.
- Steve M, Surbiton, Surrey, 01/10/2007 21:00
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Few redeeming benefits? Oyster allows me to get on a bus without worrying about whether I've got the change to pay (and with auto-top up I never have to queue up to buy tickets).
With fewer passengers paying cash (thanks to the differential pricing), people board the bus more quickly, speeding my journey. And with an annual travelcard (for any zone), I get free bus travel wherever I am in London. Paying £3 (refundable) for an Oystercard is definitely worth it.
In the ten years I've lived in London, bus services have improved beyond recognition. There's no doubt that this is thanks to Ken.
- David, London, 01/10/2007 19:03
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Nice work Mr. Mayor keep it up and keep smiling.
- Fawad, London, 01/10/2007 14:35
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It's Ken's mega price increases on public transport that have forced me back into the car - well done Ken. For example, price wise, buses are a no-go zone for irregular users.
The Oyster card is just an additional complication to the fare structure in London, pushing up TFL costs, with few redeeming benefits for users.
Yet another showpiece waste of money from the man who cares not a jot for how much of 'our' money he spends, spends, spends.
- Eric Murphy, London, UK, 01/10/2007 13:49
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Afternoon:
10°c















