To ask the Secretary of State for Transport, whether he plans to publish the cost to the public purse of the £2 bus fare cap, by local transport authority, for January 2023.
19 January 2023
The £2 bus fare cap will run from 1 January to 31 March 2023 and has a budget of £60 million. Most of the funding will be paid to commercial operators and the amount they receive is commercially sensitive. Some of the funding will be paid to Local Transport Authorities (LTAs) who either have a Demand Responsive Transport service under the Department’s Rural Mobility Fund scheme and/or who run tender services from operators who were not eligible for the commercial scheme but deliver a socially-necessary service which should also benefit from the option to join the £2 Fare Cap Scheme.
The funding for this element of the scheme is being provided on the basis of actual tickets sold via a retrospective reconciliation. DfT will publish funding received by LTAs for this scheme in due course.