Re-Nationalisation of London Buses

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Re-Nationalisation of London Buses

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London’s bus service carries around half of all bus passengers in England on a network of some 700 routes. A further 17 million passengers journeys are
expected on the buses in 2012/13, bringing the number to more than 2.3 billion, a level not seen since the 1950s.
With 20 bus operators in London, each earning on average 5% profit margin, this makes a total profit of 100%. That means London Buses costs twice as much to run than if Nationalised and run by TFL. The tax payer is not getting value for money.

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