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Originally Posted by onesnowyowl
On the helpful side--if you're planning on taking the tube a lot in London, just buy a pass--they sell them 1 day, 3 day, 5 day, I believe. The tube has a zone system, which can make things overly complicated, and it's just easier to buy a pass if you're going to be using it as your main mode of transportation while in London (and you most likely will). Plus, by buying a pass, you avoid making the mistake I made while there, which was buying a wrong ticket and going too far--I then had to pay a 10 pound fine ($15 at the time). When you're on a budget, that hurts.
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1 day, 3 day, 7 day. Full list of fares available on the London Transport website (
http://www.tfl.gov.uk/tickets/). If you are arriving in Heathrow and staying for longer than 5 days, just buy the one-week Travelcard and you won't have to worry about travel costs. Cabs are expensive and you will find it fairly easy to navigate using a tourist map which you can buy for a couple quid at most tube stations.
I recommend going on the London Eye while you are here if you can, preferably towards the end of your stay AFTER you have seen the London sights (because it's amazing to see where they are from an aerial perspective). I lived in London for several years before going on the Eye and was blown away!
Also, I think that with careful route planning, you can see most of the interesting sights without shelling out for a "bus tour". Those are very expensive and take you around the usual stereotypical "London" tourist sites, but you could find them yourself for a lot less money and get to see them up close rather than from a bus with a bored tour guide reading from a script. Having said that, if you just want to catch a glimpse of those things, a tour bus will take all the planning out of your hands which may be an advantage.
Check the timetable for the Globe theatre, it's fun to stand and watch a Shakespeare play in an authentic reconstruction of the original theatre.
I'd love to put you up but unfortunately I rent a room and it is only just about big enough for me.