Transport secretary ‘100% sure’ new cap on bus fares in England is fully funded – UK politics live

England's government announced a two-pound cap on single bus fares this morning, aimed at easing the cost of living. Per The Guardian, the transport secretary says he's one hundred percent sure the policy is fully funded, though the announcement has already triggered questions about how this—along with a VAT cut on electricity bills announced earlier in the week—will actually be financed.

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