You have now confirmed in discussions on your draft budget that taking Transport for London (TfL) out of the travelcard agreement is an option to increase revenues. What would be the consequences of such a change for Londoners who use TfL services for part of a journey but also depend upon services from other train operators and who currently travel using a travelcard or season ticket?

Ceasing participation in the Travelcard Agreement would mean that Transport for London (TfL) would stop selling Travelcards. It would also mean that Travelcards would no longer be valid for travel on TfL services. These days, fewer people buy Travelcards as many have switched to pay as you go (PAYG) and this trend is expected to continue due to hybrid working for many office workers.

Customers would have to use contactless or Oyster to PAYG on TfL services. PAYG is valid on the same services as Travelcards meaning customers can still travel on all TfL services and National Rail.

No final decision has been made as to when TfL would withdraw from the agreement and no discussions yet have taken place between TfL, rail operators and stakeholders.