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National Bus Fare Cap
29 October 2024
Type
Written Ministerial Statement
Department
Department for Transport
TAGS
At a Glance
Issue Summary
The statement addresses the extension of the national bus fare cap from £2 to £3 until the end of 2025.
Action Requested
A new single fare cap at £3 will be introduced for one year, funded with over £150 million as part of a broader £1 billion investment in buses. This aims to ensure affordable fares and support local bus services across the country.
Key Facts
- The current £2 cap on single bus fares was due to expire at the end of December 2024.
- A new single fare cap at £3 will be introduced from January 1, 2025, through December 30, 2025.
- Funding of over £150 million is provided for this cap extension as part of a £1 billion funding boost for buses.
- The fare cap will help passengers save up to 80% on some routes.
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Summary accuracy