Type of Intervention: Financial and Economic
Sectors Involved: Transportation
Intervention Categories: Finance policy and financial aid; Stimulus packages and financial support
Level of Jurisdiction: National
Lead People/Agency: Grant Shapps
Dept for Transport
Overview: England’s buses will continue to serve those who rely on them thanks to a funding boost totalling £397 million for vital bus operators.
The package, agreed jointly with the bus industry, will keep key routes running to provide a lifeline for those who cannot work from home, including those travelling to jobs on the frontline of the UK’s fight against COVID-19, such as NHS staff.
New funding of up to £167 million will be paid over 12 weeks under the new COVID-19 Bus Services Support Grant. As a condition of the funding, bus operators will be required to maintain necessary services at a level expected to be up to 50% of normal service levels.
Full details here: https://www.gov.uk/government/news/almost-400-million-to-keep-englands-buses-running
Other links: 1
Type of Justification: Advice of INTERNAL government advisory committee or group
Source of Evidence or Justification: National – other
Evidence/Justification: Evidence from bus providers of economic effects of the crisis