London day Travelcard cull & future of family fares

It’s the end of the line for one of London’s iconic public transport fares - the day Travelcard.The special tickets offering unlimited journeys on Tubes and buses are being withdrawn after 40 years by Mayor Sadiq Khan from January in a bid to raise Transport for London an extra £40 million annually. Some 65,000 daily Travelcards are bought on most days, and these will be cut in a push for passengers to instead use contactless or Oyster.The Leader podcast is joined by the Evening Standard’s transport editor, Ross Lydall, and Dr James Fowler, a University of Essex Business School lecturer and author of Strategy and Managed Decline: London Transport 1948-87.We discuss the Travelcard’s history, the cut's wider financial impact on London's economy and the European cities offering best value public transport. Hosted on Acast. See acast.com/privacy for more information.