Bus Services: Finance

(asked on 9th November 2023) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, with reference to his Departments news story entitled Major £150 million funding boost for local bus services as fare cap set to be extended, published on 23 October 2023, whether the £150 million of redirected HS2 funding (a) previously formed and (b) now forms part of his Department's (i) capital or (ii) resource budget.


Answered by
Guy Opperman Portrait
Guy Opperman
This question was answered on 14th November 2023

The £150m is new funding that is in addition to the £1.1 billion for BSIPs announced in 2022 and 2023, as well as the £300 million to protect and enhance bus services through Bus Service Operators Grant plus (BSOG+) and Bus Services Improvement Plan plus (BSIP+) announced in May this year.

The £150m will form part of the department’s Resource budget in the 24/25 financial year.

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