US EditionMajor Update on £3 Bus Fare Price Cap with Chancellor Rachel Reeves Announcement
- Chancellor Rachel Reeves announced the £3 bus fare cap in much of England will be extended until March 2027 to support affordable travel.
- This extension follows the initial £2 cap introduced by the previous government, with funding previously secured only until the end of 2024, prompting urgency for renewal.
- The cap affects around 5,000 bus routes outside London and Greater Manchester, where transport is managed separately and the cap does not apply.
- The Treasury allocates roughly £150 million annually for the fare limit, while the Spending Review announced additional transport investments worth £15 billion in the North and Midlands.
- Extending the fare cap aims to ease the cost-of-living crisis, maintain access to opportunities, and reflects government efforts to boost economic growth and fairness nationwide.
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18 Articles
18 Articles
All
Left
6
Center
5
Right
3
Coverage Details
Total News Sources18
Leaning Left6Leaning Right3Center5Last UpdatedBias Distribution43% Left
Bias Distribution
- 43% of the sources lean Left
43% Left
L 43%
C 36%
R 21%
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