CPT has published new research conducted by KPMG that quantifies the significant economic benefits of coach services to the British economy - including direct impacts for passengers and operators, and additional benefits that arise for supply chains, commerce and communities.
In February 2020 Department for Transport (DfT) announced £5 billion of new funding for bus services and cycling. £2 billion has been allocated to active travel and £3 billion to bus travel. Of the £3 billion of new funding for buses, DfT has suggested an initial allocation of funding £1 billion to support investment in 4,000 zero emissions vehicles.
The opportunity to maximise the economic and social benefits of public and private investment in new housing are being missed due to a disconnect between sustainable transport and the location of new developments.