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Yes.
You can buy season tickets for the train and for most bus companies. These can be weekly, monthly, or even annual.
I know you can buy season tickets for trains etc to get to London. A friend’s Dad used to travel in every day from Cambridge.
Up in the North East in the Northumberland/Newcastle/Wearside/Teesside areas we have POP cards which are sort of like London’s Oyster cards. They can be used on busses and the Metro (in the Newcastle/Sunderland area). You can use them for journeys where like Oyster cards they max out at a set price or you can buy a season tickets. They don’t work on regular trains though.
Yes. That said while travel within London is quite cheap, commuting into London *is* expensive. Rail season tickets can be several thousand pounds a year.
Yes.
But most of the regional ones are aimed at tourists and quite expensive for day-to-day travel.
London has a zone based system with travel passes available on a daily, weekly, monthly and annual basis with cost dependent on the zones you want to travel in. Other urban areas have similar systems, the West Midlands for example.
For more long distance (intercity) travel, period passes are also available. You can buy monthly and annual point to point season tickets between pretty much any two train stations in the country that could feasibly be commuted between. If one end of that is in London, you have the option to add a London travel pass on to your point to point season ticket.