London bus travellers will no longer be able to pay their bus fare in cash from this summer.

Transport for London expects to save millions by stopping the handling of money on buses.

TFL’s surface transport managing director Leon Daniels said that it costs £24m to accept cash payments.

Previously TFL predicted that the number of people paying via cash was less than one per cent, this year.

In response to fears that people could be left vulnerable if they are unable to top up their Oyster card a ‘one more journey’ feature is being discussed.

This would allow anyone with a positive balance to go forward with their journey even if they did not have the correct funds.