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Prime Minister Andy Burnham announces £2 cap on bus fares
The policy is backed by £454 million and will cut fares by a third for millions of passengers, officials said.
Prime Minister Andy Burnham announced a £2 cap on single bus fares across England starting in January, officially expanding the Bee Network policy nationwide.
Transport Secretary Heidi Alexander said the move would make "everyday journeys easier and cheaper," slashing fares by a third to alleviate cost-of-living pressures.
The scheme receives £454 million in funding, including £400 million sourced by switching international climate finance investment into loans, with the remainder from the Department for Energy Security and Net Zero.
Reversing a 2024 decision by Sir Keir Starmer and Chancellor Rachel Reeves to end the previous fare limit, this £2 cap restores the policy despite prior claims of unaffordability.
Throughout 2027, the cap will apply to everyone, providing stability for local authorities planning their transport networks, Chancellor John Healey stated.