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London Underground to increase fares?

Ladbrokes are betting on the price of tube tickets next year
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It doesn't matter who wins the London Mayoral Election - tube fare will rise say the bookmakers.

Tube fares are odds-on to rise again next year regardless of who wins the London Mayoral Election according to Ladbrokes.

The bookies are offering commuters odds of just 1/2 that their selected fare, whether it be a weekly travelcard or oyster single costs more on the 4th of January 2013 than it does today. 

It's 3/1 that the fare stays exactly the same and 3/1 again that the price actually decreases. 

Alex Donohue of Ladbrokes told Bettingpro: 

"This won't come as great news but the odds suggest fares are only going in one direction. It might be worth having a few quid on to cover next year's cost."

Price of your current TFL ticket (weekly travelcard, Oyster single, day travel card etc) on the 4th of January 2013?

Higher* 1/2
The same* 3/1
Lower* 3/1

*than on the 4th of January 2012


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London Underground to increase fares?

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