Bus and tram customers across London will see fares frozen for another four months until 1 November 2026, the Mayor and Transport for London (TfL) have announced.

The extension to the previous freeze - which covered the period from 1 March to 5 July 2026, and was an emergency cost-of-living measure to support Londoners on the lowest incomes - was the seventh freeze of bus and tram fares in the last ten years, with single fares being £1.75 since March 2023.

The extension of the Mayoral freeze means that Londoners will continue to be able to make unlimited journeys within one hour on London's buses and trams for just £1.75, using the Mayor's Hopper fare until 1 November 2026.

TfL said: "Had bus fares increased in line with inflation since 2016, they would be £2.35 today – but previous Mayoral fare freezes over the last 10 years mean customers continue to pay 60p less per journey than they would have if the Mayor of London had not taken action."

The extension will also coincide with the Mayor's Weekend Hopper offer, which will mean anyone travelling on buses and trams on a Saturday or a Sunday during the summer holidays can pay one single fare for unlimited journeys across London that entire day, making it easier and cheaper for Londoners and visitors to make the most of everything the capital has to offer.

The offer will run from 25 July to the end of August, including the Bank Holiday Monday, when millions travel across the capital to enjoy Notting Hill Carnival, which marks its 60th anniversary this year.

The freeze runs until 1 November 2026, after which a single adult bus and tram fare is expected to increase 10p to £1.85 - or just 5p for eligible concession card holders - while the price of the daily bus and tram cap would increase 30p to £5.55.

This would be in line with increases to Tube fares made in March 2026, and make bus and tram fares just 35p higher than they were ten years ago.

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According to TfL, London's bus fares remain some of the lowest in the UK, and this would only be the third time they've increased over the past decade, meaning they would still be 17 per cent lower than if they had risen in line with inflation throughout this period.

The Mayor of London, Sadiq Khan, said: "I'm pleased to extend the freeze on bus and tram fares for another four months, and will continue doing everything in my power to keep TfL services as affordable as possible, as I know the cost-of-living crisis is still hitting many Londoners hard.

"My Hopper fare has enabled millions of people to save money on bus and tram travel over the past decade, and now the exciting new Weekend Hopper will make it even cheaper and easier for Londoners and visitors to enjoy all that our great city has to offer this summer.

"I know that buses and trams are a real lifeline for many Londoners, and I'm determined to keep them the most accessible and affordable modes of transport in the capital as we continue building a greener, fairer, better London for everyone."

Alex Williams, Chief Customer and Strategy Officer at TfL, added: "We are committed to ensuring that London's public transport remains affordable and accessible for all, with revenue raised via fares reinvested into improving services across London.

"Alongside our wide range of concessions, extending the freeze on bus and tram fares to November - as well as the Mayor's Weekend Hopper scheme, which runs from 25 July until 31 August, will help encourage more public transport use across London, boosting the economy and enabling people to make the most of the city with friends and family this summer."