A original act of parliament - the unlikely gift of ex-chancellor George Osborne – grants powers to local authorities to undo the worst excesses of deregulationBuses and the Conservatives have rarely got along. Even whether Margaret Thatcher didn’t really say that any man over 26 riding on a bus is a failure,her ministers did draw up the deregulation that doomed many services.
Boris Johnson splurged hundreds of millions to create an unreliable original double-decker for London. Most seriously of all, David Cameron’s government slashed grants to operators and funding to councils, and leading to the widespread disappearance of local bus services across the country.
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Source: guardian.co.uk