Sadiq Khan's £24m cheap fares plan to lure Londoners back to the office 'flops'] Regulated fares are those that are set, or regulated, by the Government, such as commuter fares and season tickets.
The Standard revealed this week that TfL is also increasing London black taxi fares - by almost 7.5 per cent from April, in a bid to curb the number of cabbies leaving the trade.
The increase in Tube fares brings to an end a partial fares freeze announced last year by Sir Sadiq, ahead of the 2024 mayoral elections.
“Regulated” rail fares – and Travelcards that allow travel on trains and the TfL network in the capital – will also increase by 4.6 per cent.
Since last April there has been a 1.6 per cent increase in journeys on TfL services – well below the six per cent target.
