Question to the Department for Transport:
To ask the Secretary of State for Transport, whether his Department plans to provide additional financial support to Transport for London for the purposes of meeting the cost of increasing rail fares by RPI in 2016.
We recognise that our commitment to cap regulated rail fares at RPI+0% for the term of this Parliament is likely to have an impact on Transport for London’s revenues. The Department will continue to discuss the implications of this with Transport for London.