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Financial support for bus and light rail services
The Government has announced they will provide over £150 million, as a final COVID-19 support package, to help local transport authorities and operators run services
As the sector continues to deal with the ongoing effects of the pandemic and the emergence of new travel patterns, the financial challenges faced by the bus and light rail sector remains.
The Government have voiced that they understand the removal of funding for local transport services would create a ‘cliff edge’ for many rural people and economies.
It is for this reason that they have decided to provide over £150 million in further financial support to the local transport sector.
This will fund bus operators and local authorities responsible for bus and light rail services from April until October and is the final COVID-19 support package the government will provide to the sector.
The funding will assist local transport authorities and operators in running services as they develop new, effective, financially sustainable networks that cater for the needs of the local public and their local areas after the pandemic.
Full article:
GOV.UK - Local transport update: financial support for bus and light rail services
