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PM Starmer Announces 50% Bus Fare Cap Increase to £3 from End of Year Until 2025

Oct 28, 2024, 11:57 AM

UK Prime Minister Sir Keir Starmer has announced that the £2 cap on bus fares across England will increase to £3 from the end of this year, with the new cap remaining until the end of 2025. The announcement came during a press conference ahead of the upcoming Budget on Wednesday. The fare cap increase represents a 50% rise, prompting concerns from Labour mayors, including those from Greater Manchester and the West Midlands, about the impact on working people who rely on buses as the cheapest form of public transport. The decision contrasts with the previous Conservative government's commitment to maintain the £2 fare cap until 2029. The funding for the existing £2 cap was due to expire at the end of this year.