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347068
star this property registered interest false more like this
star this property date less than 2015-05-27more like thismore than 2015-05-27
star this property answering body
Department for Transport more like this
star this property answering dept id 27 more like this
star this property answering dept short name Transport more like this
star this property answering dept sort name Transport more like this
star this property hansard heading Buses: Fuels more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Transport, if he will encourage bus operators to pass on savings from the low price of bus fuels in the form of greater investment in the bus network and lower fares. more like this
star this property tabling member constituency Blackpool South more like this
star this property tabling member printed
Gordon Marsden more like this
unstar this property uin 312 remove filter
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2015-06-01more like thismore than 2015-06-01
star this property answer text <p>The bus market outside London is deregulated, with the vast majority of services provided on a commercial basis by private sector bus operators. Decisions on the level of fares is a commercial one for individual bus operators.</p><p> </p><p>The Department’s own analysis suggests that the 25% reduction in fuel price earlier this year could translate into around a 4.25% reduction overall in bus industry costs. However, most large bus operators, who between them provide the majority of services outside London, have fuel hedging arrangements in place, which mean that, in the short term, lower fuel prices do not translate into lower costs thus limiting their ability to reduce fares.</p><p> </p><p> </p> more like this
star this property answering member constituency Harrogate and Knaresborough more like this
star this property answering member printed Andrew Jones remove filter
star this property question first answered
less than 2015-06-01T14:38:11.323Zmore like thismore than 2015-06-01T14:38:11.323Z
star this property answering member
3996
star this property label Biography information for Andrew Jones more like this
star this property tabling member
465
unstar this property label Biography information for Gordon Marsden more like this