(14 Dec 2024, 12:20 pm)DeltaMan wrote It's not a flat fare though. They've said themselves that some fares will be £2.30, and some fares are £2.50. it's probably just another poorly worded story.
It becomes a flat fare, when almost everything is hiked to it, like in this scenario.
They've not actually mentioned £2.30. Here's a screenshot of their news post:
(14 Dec 2024, 12:32 pm)DeltaMan wrote The fare cap is a subsidy for the passengers not the operator
It's nonsense to suggest that it isn't a subsidy for the operator. It benefits the operator just as much as passengers.
If the fare cap wasn't in place and the discounted TNE tickets weren't in place, the equivalents would have spiralled out of control like the rest of their commercial tickets. That's the benefit to the customer.
The benefit to the operator, is that they're forced to sell fares that are actually attractive to customers, and it's boosted passenger numbers as a result. Aiding post-Covid recovery.