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Preston Bus still to decide on Burnham's £2 cap

Preston Bus still to decide on Burnham's £2 cap

Summary

Preston Bus has not yet decided whether to join the new government plan to cap bus single fares at £2 starting in January because it has not been told how it will be paid back for the lost fare money. The company left the previous £3 fare cap scheme in January and currently charges £3.50 for standard adult single tickets. The government’s new scheme will run through 2027 and has £400 million set aside, but details on reimbursements to bus companies are still unclear.

Key Facts

  • Preston Bus currently charges £3.50 for a standard adult single fare.
  • The previous government scheme capped fares at £3, but participation was voluntary and Preston Bus left that scheme in January.
  • The new government scheme will cap bus single fares at £2 starting January and will run through 2027.
  • The government has allocated £400 million to support the new fare cap scheme.
  • Preston Bus has not received information on how it will be reimbursed under the new £2 fare cap plan.
  • The company says fare caps must be fully funded for operators to join.
  • The new £2 fare cap aims to help passengers, especially in rural areas where fares tend to be higher.
  • Preston Bus also stopped some off-peak services this year due to lower reimbursement and rising costs.
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