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Capital’s bus revenues £23m below budget

BUSES

11 November 2016
 

Bus passenger revenues in London are running almost £23m under budget this year as potential passengers continue to be deterred by recent poor reliability. 

Reporting to the end of period 6 (the four weeks ending 17 September), Transport for London says revenues are £696.8m against a year to date budget of £719.6 million, a variance of £22.8m (3.2%). Revenues in period 6 alone were £9m lower than budget.

Bus passenger journeys in the year to date are 1,044...

+71% more

 

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