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Cost of traveling increased by 33% from1st January in London. The increases means a single-stop tube journey in the central London zone 1 area now is priced at £4 in cash. A single zone trip on the buses is now priced at £2 in cash. However Oyster smartcard fares has been frozen forcing commuters to rely on them.

• Overland rail companies have also hiked up prices, at an average of 4.3%
• Unregulated fares, such as cheap day returns and long distance open tickets, will increase by an average of 4.7%
Liberal democrats research shows that a single fare is over two and a half times that of Tokyo, the next most expensive city, and almost three times the price of the European average, £4.00 compared with £1.37. So if you are planning to visit anytime soon come loaded!

Via: Guardian