Bus fare hike same as 1p income tax rise on working people who commute – new analysis

A recent analysis by the Lib Dems reveals that the 50% increase in bus ticket prices, from £2 to £3, equates to a 1p income tax hike for working people who rely on public transport. This challenges Chancellor Rachel Reeves’s claim of protecting “working people” in her recent Budget. The Lib Dems are calling for the increase to be reversed, stating that the average commuter would face an extra £448 bill, equivalent to a 9% increase in income tax for a median earner on £37,430 a year.

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