Extending the cap on bus fares
The government confirmed today that the £2 bus fare cap in England will be extended thanks to savings from HS2 – taking the long-term decisions to deliver a better transport system and help millions of passengers with the cost-of-living. Buses are the most popular form of public transport so keeping bus fares down will benefit far more people than the previous HS2 project. That is why the Conservative government is extending the ‘Get Around for £2’ scheme all the way to December 2024 – which has only been made possible by redirecting HS2 funding as part of Network North, taking total government investment to keeping bus fares down to nearly £600 million. Our £2 bus fare cap has helped the cost of bus fares fall across England outside London by 7.4 per cent, whereas in Labour-run London and Wales and SNP-run Scotland, bus fares have increased.