Bus Industry Support

Lord McLoughlin Excerpts

Thursday 16th March 2023 Lords Chamber

[Baroness Vere of Norbiton (Con)]

I am not entirely aware of the strategy that the noble Baroness is talking about. We have a bus strategy and we absolutely stand by that strategy. We think that the elements within it work, but what we are dealing with at the moment—as indeed are many other transport modes—is a significant reduction in patronage. We therefore need to think about how we get the best value for money with the support that we can give, while also encouraging local transport operators to play their part.

[Lord McLoughlin (Con)]

My Lords, I declare my interest as chairman of Transport for the North. Bus usage has not gone back to the level that it was pre-pandemic; I think the figures at the end of March 2022 were 2.8 billion passengers as opposed to 4.1 billion passengers the year before the pandemic. Can my noble friend tell us what progress has been made with the announcement of the capping of bus fares nationally? Has that had an impact on usage? What are the longer-term plans for that cap?

[Baroness Vere of Norbiton (Con)]

My noble friend is absolutely right that the £2 bus fare cap is an important intervention for us to properly understand the relationship between bus fares and patronage. There are 140 operators over 4,700 routes that have taken up this bus fare cap and the Government are investing £135 million in it. We are evaluating it as we go along, and we will of course make public those findings as soon as we can.