House of Commons · Written Ministerial Statement
National Bus Fare Cap
29 October 2024 · Department for Transport
Proposed by Louise Haigh Lab Sheffield Heeley
Summarised by AI from the official record, so it can contain mistakes.
At a glance
Key points
- The national bus fare cap is being extended from 2 to 3 until the end of 2025.
- A new single fare cap at 3 will be in place for one year, funded with over 150 million.
- This initiative is part of a broader 1 billion investment in buses to support affordable fares and local services.
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.
▸
Assessment & feedback
Summary accuracy