00:00 [PA] Use the front left of the platform to catch passengers.
00:04 Sadiq Khan's Tupin bus fares freeze has come into force,
00:10 but the evening standard can reveal that only about 60% of passengers are likely to benefit.
00:16 So Londoners know my track record when it comes to freezing fares.
00:19 I want to keep them as low as possible to help Londoners.
00:22 I'm really pleased for the fifth time I can freeze fares.
00:25 The short answer is yeah, I want to keep the fares as low as possible.
00:28 In the 80s before I became mayor, they went up by more than 42%.
00:32 I know, had we not frozen fares over the course of the last eight years,
00:36 they'd be 21% higher.
00:38 So the bus fare today is £1.75, but for my policies they'd be £2.
00:42 So that's the difference a Labour mayor can make.
00:45 Now why is it that not all passengers will benefit from the mayor's fare freeze?
00:49 Well the reason is that it only applies to TfL fares.
00:53 The Tube, the bus, the Overground, the Elizabeth Line DLR and the Croydon Tram.
00:59 It does not apply to the cost of travel cards because they also include National Rail services.
01:06 The other factor is that the cap on pay-as-you-go fares, which are the fares that the mayor has frozen,
01:12 the cap itself will increase either weekly or daily.
01:16 So it could be that if you make multiple journeys, you'll end up paying more.
01:20 I think when people who aren't benefiting from the fares freeze come into London today,
01:24 what they'll realise is the difference me being in charge of those commuter trains can make.
01:29 If I was in charge of those trains as was originally promised,
01:32 they'd also benefit from the fares freeze.
01:35 There's two big concerns I've got.
01:37 One is those commuter trains that still aren't under TfL control.
01:40 If they were under our control, there'd be better service, more regular,
01:43 but also they wouldn't have the disruption they currently have and then have fares frozen.
01:47 But secondly, I don't understand why the government can't negotiate a fares freeze
01:51 with these privatised train operating companies.
01:54 Their fares have gone up by almost 5%, 4.9%.
01:57 We've frozen TfL fares. It's unfair.
01:59 Make no mistake, this policy should benefit most passengers, if not all.
02:04 Sadiq Khan has frozen his fares to try and ease the cost of living crisis for Londoners.
02:10 The other thing he hopes, of course, is it will help him win a third term.
02:14 The Mayoral elections are coming up on 2 May.
02:17 me.
02:19 [BLANK_AUDIO]
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