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Wednesday, April 15, 2026

It’s time to scale back the TfL freebies like the 60+ Oyster — London can’t afford it

BusinessIt's time to scale back the TfL freebies like the 60+ Oyster — London can't afford it

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During the pandemic, TfL was close to bankruptcy. It needed Government bailouts in excess of £4bn. As a condition of the loans, the mayor was told to pare back the freebies. In 2020, he temporarily – and then permanently – banned the use of the 60+ Oyster and Freedom Pass before 9am, generating about £15m more a year in fares.

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