One of the main drivers of fares policy in London is the policy of the Mayor in office at the time. And today I notice the various major candidates have been stating how they would (in my opinion) underfinance the Tfl pot to a dangerous degree in the hope of chasing votes.
Without wanting to become overly political the various proposals so far include
* cutting Tube and rail fares for journeys before 07:30 by half (LibDem)
* a fare freeze until 2020 (Labour)
* “bearing down” (whatever that means) on travel costs (Tory)
* removing travel zones and introducing a flat fare (Green)
These would all suggest that politicians think that maintenance, improvements, and growth of the system are unnecessary. With London expected to grow by an additional million people over the next ten years it is sad that front-line politicians are so so wrong.