Apologies - I was rushing on my phone. I saw Transfare and the zonal table of prices and didn't notice it was Traveltickets. Genuinely sorry for causing confusion
In fairness, the fact is that Covid has changed the entire landscape overnight (and I did mention this above).
@Tetchytyke enjoyed his railing against the bus barons and how much Stagecoach paid out in dividends. However, we have to accept that things have changed irrevocably - remember that TfL had to be bailed out with billions, Manchester Metrolink has had to have ongoing cash injections. The world has changed, the way in which people work and travel (and the frequency) has changed, and so too has the view of the bus industry. That's just being a realist. You can't lose 10-20% of your custom overnight in any industry and think that you're insulated from that.
It's not some Road to Damascus conversion that people are experiencing. Just an acknowledgement that we're not in Kansas anymore, and you have to get on board with your new circumstances!
However, the idea that there's some ideal world where bus services can be transformed through the erosion/removal of the bus barons profit margins and the redistribution of this saved money is really an illusion. Making buses work needs money and political will.
You have to look at what the politician Ridley said vs. what the businessman Ridley knew. Yes, there would be competition but invariably, what happens is that there is a consolidation of the market as larger businesses buy up smaller outfits or simply outcompete them. This is evident in most industries. Anyone else using AltaVista or AskJeeves as a search engine these days? However, as with every industry, there will always be opportunities for smaller niche entrants and we still see that but in smaller numbers. The opportunities are smaller/less common and in most instances, the margins just aren't worth it.
ps for those also railing against the increase in bus fares and trying to apply the
average inflation rate and attributing the difference to bus company profiteering, you are missing some rather large points. The average price of diesel was subject to the fuel duty escalator during much of 1997-2010. Average pence per litre was 35.6 ppl in 1986, so inflation would increase this to 128.6 ppl, and not the 159.2 ppl currently (yes, firms will be paying less but bunkering/hedging etc has always gone on so the relative increase and variance will be the same). Then you have the increase in other costs. Drivers pay and conditions has declined in real terms though much of the damage was actually done in the run up to deregulation. However, there has been increases in some on-costs like pensions and insurances.
The bigger issues are around the base costs of running vehicles. Emissions standards have meant that vehicles don't return the same mpg as they used to... Bristol VRs would return 12 mpg which you just don't get with a modern euro V or VI decker. That's before you get onto the cost of repairing modern vehicles! However, the most pernicious has been the impact of congestion.
In my ancestral home, Darlington Corporation would run an eclectic fleet of single deckers with dual doors and the Autofare exact fare system; United then came along and competed with minibuses and gave change. Nowadays, Arriva operate (I'm not a fan) but let's look at some examples
- Darlington to Branksome (round trip) - was 32 mins, now 40 mins
- Darlington to Red Hall (round trip) - was 17 mins, now 23 mins
- I appreciate they'll be some extension of dwell times but I don't want a massive diatribe on the subject of off bus ticketing, exact fares and dual doors and reference to some Western European city
- Darlington to Newton Aycliffe - was 21 mins, now 26 mins (and this was a United route so change given and single doors)
It was something I mentioned elsewhere that the Ripon to Leeds service still follows the same route as always. When I travelled on it, the timetable was largely unchanged in 1991 than it had been in 1981, and it took 80 mins to do. It now takes 98 mins so operating the half hourly headway that would've required 6 buses in 1997 now needs 7 if not a bit more (by interworking it with the short journeys). Your mileage may be no higher but staff costs and vehicle fixed costs are 15% higher.