£2 bus fare cap to remain until March 2025

A £2 cap to bus fares across Cambridgeshire will remain in place.

The decision follows the Government reinstating a national fare cap of £3 from January 1 2025. Prior to October’s budget, the £2 fare cap was due to end on 31 December 2024.  

Mayor of Cambridgeshire and Peterborough, Dr Nik Johnson called a special meeting of the Combined Authority to explore how local funding could further support affordable journeys. 

Star Radio understands the cap will help the Combined Authority’s Bus Strategy by encouraging public transport use, increasing passenger numbers, and providing a cost-effective alternative to car travel. 

The Combined Authority will work now with bus operators to ensure the £2 fare cap remains in place.

Mayor Dr Nik Johnson:

"Government took an important step in supporting bus users by putting a £3 fare cap in place to the end of 2025. But as a Combined Authority, we also had the ability to act.

"Keeping fares as low as possible for our residents maintains our commitment to better buses, helping people get to places of work, education and leisure more affordably, and encouraging people to choose public transport."

Decisions about any extension to the cap beyond March 2025 will be made as part of the Combined Authority’s budget and medium-term financial plan-setting process in early 2025.