The £2 bus fare cap had a Benefit cost Ratio of at least above 1 and contributed to a total 13% patronage increase in England outside of London from January to October 2023 compared to the same period in the previous year, says an evaluation report on the initial ten months of the scheme for the Department for Transport. It says the overall patronage increase will reflect a mix of factors including continued post- pandemic recovery and the impact of other local transport-related...
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