UK government department tackling energy security, decarbonisation and regulation
The nationwide cap on single bus fares has been set at 2 pounds until March 2027, with London and Greater Manchester exempt or capped at 2 pounds. The £454 million package funds the measure, including loans reallocated from climate finance, and the total scheme is expected to exceed £500 million. Leaders say cheaper fares will ease cost of living and help millions travel more affordably.
The Defence Investment Plan has uplifted defence spending by £15bn over four years, but almost a third remains unfunded. Downing Street says the autumn Budget will spell out how the gap will be filled, while Labour and defence chiefs warn of tax rises or spending cuts unless additional funding is secured.
The government has announced a defence investment plan raising the defence budget by a total of 15 billion pounds over four years, with questions over funding gaps and how it will meet NATO targets. Burnham is tipped to take over as prime minister, while debates continue over how the funds will be sourced and allocated.