Buses, the economy and the people

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Stakeholders and key guests including the Mayor of the East Midlands Claire Ward and Local Transport Minister Simon Lightfoot MP gathered at the launch event in Derby. JONATHAN WELCH

A new report from the CPT highlights the important role buses play in the economy, data which will prove useful in pushing for bus to be at the forefront of the political agenda at local and national level. Jonathan Welch reports

The next government must prioritise bus and coach” said the CPT in the run up to the general election. I don’t think anyone would disagree that, overall, that’s a solid, safe and sensible aim. Nor do I think, though, that many of the readers of industry publications like CBW need telling that. Not just because it’s their livelihoods and they make a living through it, but because they already know it.

And that’s great. It’s a given, really. But what do we do with that knowledge? We should be doing something with it, right? It could be a valuable tool in helping local and national governments decide where to spend money, or to spend it at all, on supporting bus services, bus infrastructure or decarbonisation.

Enter the Confederation of Passenger Transport, the CPT. On Thursday 5 September, it unveiled a new report detailing research undertaken by KPMG which aims to pin down those details and quantify the claims that the bus industry makes. It sets out exactly what the impact of bus services on the economy is, and highlights the value of public investment in local services.

Carried out independently, the research lifts the lid on the scale and breadth of economic benefits delivered by local bus services to the British economy and highlights how investment in them by government offers excellent value-for-money.
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