London tube fares odds-on to go up again next year

TUBE FARES are odds-on to rise again next year regardless of who wins the London Mayoral Election according to Ladbrokes.

The bookies are offering commuters odds of just 1/2 that their selected fare, whether it be a weekly travelcard or Oyster single costs more on the January 4 2013 than it does on the same date this year.

It’s 3/1 that the fare stays exactly the same and 3/1 again that the price actually decreases.

Alex Donohue of Ladbrokes said: “This won’t come as great news but the odds suggest fares are only going in one direction. It might be worth having a few quid on to cover next year’s cost.”

Ladbrokes latest betting

Price of your current TFL ticket (weekly travelcard, Oyster single, day travel card etc) on the 4th of January 2013?

Higher* 1/2
The same* 3/1
Lower* 3/1

*than on the 4th of January 2012