Major cuts to bus services in Cornwall look likely after the council’s decision last week to slash concessionary fares reimbursement paid to operators.
From the end of January next year, Cornwall will cut the reimbursement rate from the existing 73.5% of the adult single fare – one of the most generous in the country – to 50%.
The reduction will bring payments into line with the council’s concessionary fares budget. Cornwall spent £7.6m on reimbursement in 2010/11...
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