Stagecoach will work with the government to understand the details of the new bus fare cap.
The government has announced that it will be increasing the bus fare cap from £2 to £3 in Wednesday's budget.
The current £2 bus fare cap was extended by the Conservative government to the end of this year, and the new Labour government will extend it once again until the end of 2025 with the £1 increase.
This cap is for single tickets for any journey, it doesn't not include returns or day rider tickets.
A Stagecoach spokesperson said: "We acknowledge the Government's announcement of a new £3 bus fare cap and welcome the clarity it provides.
"We look forward to working with the Government to understand the details of the new scheme in the coming days and weeks.
"Our goal remains to provide reliable and affordable transport options that benefit our communities."
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