Sir Keir Starmer confirms £2 bus fare cap WILL rise in Autumn Budget

28.10.2024 - 13:03 manchestereveningnews.co.uk

Sir Keir Starmer has confirmed that the £2 bus fare cap will rise in the Autumn Budget. The prime minister made the announcement during a speech ahead of this week's budget in Birmingham on Monday morning.

Rachel Reeves will deliver her first Autumn Budget this week, as the government tries to bridge what it has called the £22 billion “black hole” in the public finances. READ MORE: Huge Government investment in schools - but how far will it stretch?

Asked whether the £2 cap will be scrapped in the chancellor's upcoming statement, set to take place in the House of Commons on Wednesday, the prime minister confirmed the cap would rise to £3 next year.

The £2 bus fare cap was introduced in September 2022 by the Conservatives during the cost-of-living crisis to help people travel despite the rising price of fuel and goods.

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