Question to the Department for Transport:
To ask the Secretary of State for Transport, if she will make an assessment of the potential impact of increasing the bus fare cap on passenger numbers.
The Government is investing over £150 million to deliver the new £3 cap on single bus fares in England outside London from 1 January until 31 December 2025 to help keep bus fares affordable. Under the plans of the previous administration, the £2 cap on bus fares had been due to expire on 31 December 2024, and prior to the Budget, there was no further funding available to maintain a cap on bus fares beyond this point.
The final monitoring and evaluation report into the impact of the £2 bus fare cap was published on 12 February. An evaluation of the £3 fare cap is due to be commissioned in due course.