The bus industry in Wales is set to receive a support package worth £48 million to help them recover from the impact of the pandemic and deal with emerging financial challenges, the Welsh Government has announced.
The Bus Emergency package will provide ‘gap funding’ until the end of this financial year for bus operators to maintain the necessary bus services and routes in their area, in return for greater public control over Welsh bus services.
This funding is one of a number of short-term measures that have been taken by the Welsh Government to support bus operators at a time when they needed it the most. With the longer-term future of the bus industry in mind a review of the existing Bus Services Support Grant (BSSG) scheme will also be taken to consider how it can be used to move the industry away from a reliance on emergency funding schemes and bridge the gap to franchising.
For further information visit £48 million to help Wales’ bus industry survive and thrive | GOV.WALES