Franchise funding

[knutstransport]

RE: Franchise funding

(10/07/2025 09:45)Rodney259 Wrote:  It shows that only 47% of income (£183m out of £390m) comes from fares.

Greater Manchester has a £2 single fare cap, which as part of Bee Network, got extended to include short journeys involving a change of bus. As there's central government funding provided towards the fare caps (nationally) I imagine a significant chunk of funding comes from that, and the Bee Network introduction had little direct impact on that level.

Quote:Also, interesting that it is foreign owned companies who have benefitted rather than UK ones.

Do you have more context for that? Apart from Metroline, all the franchise holders are British and had operations in Greater Manchester prior to franchising. Arriva (who have a foreign parent) lost out. So are you saying Metroline make more profit off GM services, than Arriva did?