Announced on February 2020, there is £5 billion of new funding to overhaul bus and cycle links for every region outside London. This package of investment will boost bus services by focusing on a range of priorities, set to include: higher frequency services, new priority schemes will make routes more efficient, more affordable simpler fares and at least 4,000 new Zero Emission Buses.
In addition, the Department for Transport provides £250m of support to local authorities and bus operators via Bus Service Operator Grant (BSOG). In October 2019, the Government committed to review how BSOG is paid to ensure it supports the environment and improved passenger journeys.
In October 2019, the Government published A Better Deal for Bus Users, which sets out the Government’s plans for buses, including providing local authorities with an additional £30m of funding in 2020/21 and publishing a National Bus Strategy.
In 2018/19, bus operators received around £2.1bn of support from the public sector, with around £1bn of funding for older and disabled people’s concessions and £850m of subsidy for socially necessary services provided by local authorities and funded via MHCLG’s Revenue Support Grant.