Go North East
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RE: Go North East
Of the £60 million bus companies receive from the public purse, £40 million is payment for concessionary travel, at about half the going price - in other words, £40 million buys £80 million worth of travel! Then £12 million is BSOG, which is used to keep fares low. And £10 million is what Nexus spends on secured services - buses to schools, factories and to some of the more remote parts of Tyne and Wear that could never be done commercially. Total costs to the taxpayer £62 million, but buys £90 million worth of travel. Sounds like a good deal to me! |
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