Kerry McCarthy
Main Page: Kerry McCarthy (Labour - Bristol East)Department Debates - View all Kerry McCarthy's debates with the Department for Transport
(6 years, 7 months ago)
Commons ChamberWhat is striking is that in many ways there is so much to be optimistic about with the bus industry. When I talk to operators, I see great investments in technology and ticketing, and tremendous potential for the industry in the context of the air quality changes that have been made by this Government.
In Bristol, more than 85% of routes are provided by First Bus, which makes a healthy profit every year, but under current rules it cannot use those profits to subsidise commercially unviable routes, which may be really important to local people. Why cannot bus companies’ contracts stipulate that they have to run those services using their profits from income-generating routes, instead of letting them pocket the profits while the local council has to foot the bill?
It is not historically the job of Government to be intervening in the precise allocation of a company’s profitability. I note that there has been a substantial increase in journeys in Bristol, from 32.7 million to 39.9 million over the past three years. If the hon. Lady has some specific proposals, I will be happy to look at them.