Local MP Alan Mak has welcomed £3.5 Million of Government funding for bus companies and Hampshire County Council to extend the £2 bus fare cap. This investment freezes bus fares nationally ensuring passengers can continue to 'Get Around for £2' while ensuring the long-term sustainability of the sector.
The Government is investing £200 million in extending the cap for single bus fares at £2 outside of London until October 2023, and then at £2.50 until 30 November 2024.
Although the initial cap - announced at the start of this year - was introduced as a temporary measure, the scheme has successfully encouraged many more people to use local bus services, benefitting local economies, supporting jobs, and helping passengers with the cost of living.
A further £300 million has been announced to protect routes and services that are relied on for work, education, medical appointments, and shopping. As part of this, local transport authorities will receive £160 million to improve fares, services, and infrastructure, while £140 million will directly support operators in protecting essential services.
Local MP Alan Mak said: "Buses help residents across the Havant Constituency to access work, education, shops, and appointments. Keeping the cost of fares down will make a real difference in our area on a daily basis.”
