Dispatches from London: A higher fare-jumping penalty

In July, the MTA raised its fare-jumping fine from $60 to $100. This week, Transport for London has followed suit. The fines in London will jump from £20 ($34) to £50 ($85). Fare-jumpers who pay their fines within three weeks will have to pony up only £25. TFL hopes this new fine will help cut into their billion-pound deficit. That sounds familiar.