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Transport Update
05 September 2022
Type
Written Ministerial Statement
Department
Department for Transport
At a Glance
Issue Summary
The statement discusses the introduction of a £2 bus fare cap in England outside London starting from January 1, 2023, for three months.
Action Requested
The government is committing up to £60m to introduce a £2 bus fare cap on single tickets and extending the Bus Recovery Grant by six months until March 2023, worth up to £130m.
Key Facts
- Up to £60m investment for a £2 bus fare cap starting January 1, 2023.
- Fare cap in place from January to March 2023.
- Bus Recovery Grant extended by six months until March 2023.
- Extension worth up to £130m.
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Assessment & feedback
Summary accuracy