Question to the Department for Transport:
To ask His Majesty's Government what plans they have to retain a cap on bus fares after November 2024.
The £2 fare cap is set to run until the end of this year, with the Government having provided almost £600 million to deliver the scheme. The Government will continue to provide funding to support the sector through our regular funding streams. This includes making over £200 million available annually to bus operators through the Bus Service Operator’s Grant to help them maintain an extensive network and keep fares down, and over £2 billion for local areas to deliver their Bus Service Improvement Plans which can support local fares initiatives.