|TfL Announce 150% Increase In Penalty Fares|
New £50 fine introduced to act as a greater deterrent
Transport for London is increasing the penalty fare for non payment on its services to £50 from 11 January 2009.
Under new plans announced this week TfL will also introduce an early payment incentive which will reduce the £50 penalty fare to £25 if it is paid within 21 days.
This is an increase from the current level of £20 on the Buses, Tubes, Docklands Light Railway (DLR) and London Overground.
Mayor of London, Boris Johnson, said, “Fare evasion costs Londoners £70m a year, which is money that belongs to all Londoners that should be invested in making the transport network better. We are investing record amounts in renewing the network, and it is only fair that those who travel on the Tube or bus pay their way.
“These changes to penalty fares will provide a greater deterrent to those who would otherwise try to short-change Londoners.'”
Steve Burton, Director of Community Safety, Enforcement and Policing, said, “We know that our honest, fare paying passengers feel angry when they see others not paying for their journey and this should reassure them that we are tackling this issue head on.
October 15, 2008