New London Bus Company to be established to bring routes back into public ownership
| Published date | 16 April 2024 |
| Publication title | MyLondon (England) |
Currently the capital's bus network is operated by 16 privately-run bus companies. But under Sadiq's new policy, once contracts on routes came to an end, they would be reviewed to decide whether to bring them under the new public operator.
The current Mayor said the plan would offer "better value for money, consistency and service to all Londoners and visitors to the city and would also provide stability and certainty if operators were to fail during their existing contracts".
The announcement follows another by shadow Transport Secretary Louise Haigh that a future Labour administration would 'remove the Tory government's ban on publicly owned bus companies'. Currently the Bus Services Act 2017, while allowing some re-regulation for regions outside London, puts obstacles in the way of creating a publicly owned bus operator.
Other 'next-generation' projects
Other next-generation projects that Sadiq has also pledged to carry on making the 'overwhelming case' for, if re-elected, are:
The West London Orbital, an 11-mile extension to the London Overground network running from Hounslow to Hendon and West Hampstead The extension of the DLR to Thamesmead The extension of the Bakerloo line from Elephant & Castle to Lewisham, and a second phase extending to Hayes and Beckenham Junction Crossrail 2, running from Hertfordshire to Surrey and linking north and south London
Earlier this month, Sadiq announced plans for a...
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