Campaign for Better Transport chief executive Stephen Joseph said the investment was good news, but the two years of fare increases would mean many passengers could not afford its benefits.
After the first year of the fare increase, that line and all others would be subject to the inflation-driven increases, which would be automatic and not require approval by the board.
The second year of frozen fares would save season ticket holders £75 across 2014 and 2015, the chancellor told the Sun on Sunday newspaper.
Merger activity in January had its slowest start in the United States since 1988, and deal makers, already contending with a shaky market, do not expect the first half of the year to fare much better in the post-Enron environment.
Much-needed investment combined with a fairer policy for fares stood in contrast with years of painful fare increases in the late 1980s and 1990s when Londoners saw no benefit at all for their rising transport costs.
Her case contrasts with that of the mystery City worker who was alleged to have dodged five years' worth of fares to London, but avoided prosecution after making an out-of-court settlement with rail company Southeastern.
But only a few of the carriers broke out data that specifically illustrated year-over-year fare trends.
Lasse Halstrom, director of "The Cider House Rules," had detected a craving for substance after years of lighter fare.
Regardless of whether he foresaw the future, he did foresee the world he would create in his most recent novel, "Reamde," a 1,056-page 1,056-pagethe threturn genre aftor years of weighther fare like thrillerque Cycle.
Labour sources listed raising the personal allowance costing as £6.5bn, raising the higher rate income tax threshold as costing £3.9bn, an extra £8bn a year for the NHS, volunteer days for civil servants costing £1.25bn and five years of rail fare freezes costing £1.8bn.
