£2 cap on bus fares in York extended until October
May 17, 2023
After a successful six months, Julian was pleased to see the Government extend the £2 cap on bus fares until 31st October 2023. The current extension of the scheme was initially set to end on June 30 but will now last until October 31.
The cap is in place for services outside of London, and will increase to £2.50 until November 30, 2024, before fares are reviewed, the Department for Transport (DfT) said.
Taking the bus is the most popular form of public transport and millions of people rely on these vital services every day. That’s why Julian is pleased that the Government is investing half a billion pounds to help people save money amid cost-of-living pressures and continue to level up transport in all parts of the country, help halve inflation and grow the economy.
Additionally, the DfT has said the cap will particularly benefit people on lower incomes, who take nearly three times as many bus trips than those on higher incomes.
It is understood operators have carried more than 16 million passengers at £2 since the scheme began on January 1.
Julian welcomed the new by saying:
“I’m pleased to see this step taken, it’s a simple, clear and effective short-term solution. This will mean that everyone can enjoy a visit to the coast, North Yorkshire Moors or Leeds for less and cut costs of the daily commute.
While this is welcomed, the issue of bus subsidies in York still needs to be reviewed with a more long-term approach to give both customers as well as bus companies the confidence they deserve. ”