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TfL has announced fare changes for next year

Isabelle Aron

It's that time of year again - and no, we're not talking about Christmas - when the annual TfL fare increases are released, much to the dismay of commuting Londoners. But before you start despairing and vowing to finally take up cycling to work next year, the news isn't too bad. Overall fares will be increasing by one percent, with one-day bus caps, all-day travel caps, zone 1 only and zone 1-2 off-peak fares increasing by 10p, and Travelcard season ticket prices up by just under one percent.

And the good news is that some things aren't changing, as pay as you go single fares on the bus, Tube, London Overground, the DLR and TfL Rail will all remain the same price. And there's even more good news for the kids, as free travel for children under 11 years old is being extended to all London National Rail services. The new fares will come into effect on January 2, so start stockpiling all your loose change until then and you'll (probably) barely even notice. Or at least that's what we're telling ourselves.

Did you know there's nearly £170 million lying around on old Oyster cards?

And in other tube news, TfL has released an official walking tube map.

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