(17 May 2023, 12:33 am)markydh wrote As was always inevitable, the £2 cap on single fares has been extended to 31st October. It will then increase to £2.50 for a further 12 months, which I suspect means we can expect a General Election before the end of October 2024.
https://www.bbc.co.uk/news/business-65616182
I'm confident they'll call the General Election in May 2024, as they'll want to get back to the Springtime election periods.
As for this fare, and whilst it's good for (some!) customers, it's further down the rabbit hole we go. To run something on a temporary basis, for what will be almost two years at the current point of expiry, creates operators a big problem in my opinion.
If this doesn't get extended beyond that point, or there isn't a better fares formula brought in beforehand, then fares will skyrocket for customers overnight. Whilst I'm sure the Government of the day will step back and wash their hands of it, the operators and local authorities will be left to pick up the pieces.