The Government has announced that the Get Around For £2 bus fare cap scheme will be extended again to continue to help people save money.
The cap had been due to rise to £2.50 but will instead remain at £2, and continue until 31 December 2024 thanks to the redirected HS2 funding behind the new Network North plan. This takes total government investment to cap bus fares at £2 to nearly £600 million.
Since the £2 bus fare cap was introduced across the UK on 1 January 2023, millions of passengers have benefitted from lower fares. The Get Around for £2 scheme has helped cut bus fares in England outside London by 7.4% between June 2022 and June 2023, with savings even bigger in rural areas where fares have dropped by almost 11%.
According to initial analysis from a recent report published by the Department for Transport (DfT), the scheme has helped encourage people to get back on the bus, with almost half of respondents saying the fare cap is the main reason they are using the bus more.