Burnham’s bus shambles: Minister admits £450m funding for £2 fare cap ‘not worked out yet’ – a day after PM told Cabinet ALL policies must be costed

Another Andy Burnham cost-of-living announcement was at risk of descending into chaos today.

The PM has been boasting about his decision to cap single bus fares at £2 across the country – instead of £3 typically now.

But Transport Secretary Heidi Alexander extraordinarily admitted this morning that the ‘detail’ of where £454million of funding is coming from ‘hasn’t been worked through’ yet. 

She told Sky News that climate grants to developing countries will be converted to loans, but pressed on whether interest would be charged merely insisted there would be ‘favourable’ terms for recipients. That raises the prospect of the UK Government needing

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