Over-60s free travel 'costs £84m in lost revenue'
TfL's free travel scheme for Londoners aged 60+ caused an £84 million revenue loss in 2023/24, with 382,737 active cardholders and rising registration in 2024/25.
6 Articles
6 Articles
Future of 60+ Oyster card under review amid rising costs, TfL confirms
Transport for London (TfL) could review the continued rollout of the discounted 60+ Oyster card after new figures revealed it has cost the authority £206million in the last three years. Fresh estimates show that the photocard, introduced in 2012 and which anyone above 60 who lives in a London borough is eligible for, has become an increasing burden on the TfL budget, prompting calls to scrap it altogether. TfL estimate that £84million was lost i…

TfL expected to review discount travel for over-60s amid financial pressures
Claim that discounted 60+ Oyster card “disproportionately benefits the wealthiest”, reports Kumail Jaffer, Local Democracy Reporter Transport for London (TfL) could review the continued rollout of the discounted 60+ Oyster card after new figures revealed it has cost the authority £206million in the last three years. Fresh estimates show that the photocard, introduced in 2012 and which anyone above 60 who lives in a London borough is eligible for…
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