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North East BSIP: £804 Million Pound Plan For North East Buses

North East BSIP: £804 Million Pound Plan For North East Buses

RE: North East BSIP: £804 Million Pound Plan For North East Buses
(21 Jun 2023, 8:41 am)Adrian wrote £12m rescue package to save at-risk North East bus services amid threat of major cuts
https://www.chroniclelive.co.uk/news/nor...s-27163447

"Council leaders have agreed to spend up to £12.2m to protect services at risk of being slashed, as they brace for private bus operators to wield the axe in the coming months. However, that cash comes from a pot of Bus Service Improvement Plan (BSIP) funding that the Government had originally awarded the North East to make wide-ranging upgrades across the region such as cutting fare prices and renovating stations – not simply to avoid existing routes being slashed."

Didn't take long for that begging bowl to come out, once the BSIP allocation became fair game...

Embarrassing, you should never spend investment money on day to day running. It's the quickest way to go bust (obviously won't happen but in general). What happens when the BSIP money runs out... It's just dragging the issue back.

RE: £804 Million Pound Plan For North East Buses
RE: £804 Million Pound Plan For North East Buses
RE: £804 Million Pound Plan For North East Buses
Ne14ne1
RE: Ne14ne1
Ne14ne1
£804 Million Pound Plan For North East Buses
RE: £804 Million Pound Plan For North East Buses
Ne14ne1
RE: £804 Million Pound Plan For North East Buses
RE: £804 Million Pound Plan For North East Buses
RE: £804 Million Pound Plan For North East Buses
RE: North East BSIP: £804 Million Pound Plan For North East Buses