HC Deb 13 January 1992 vol 201 c494W
26. Ms. Ruddock

To ask the Secretary of State for Transport what progress he has made in deregulating London buses.

Mr. Freeman

Deregulation of bus services in London is a long-standing Government commitment. Progress towards this objective started in 1985 when London Transport initiated a programme of route tendering. In 1989, London Buses Limited was restructured into 12 smaller bus operating subsidiaries in readiness for the transition to a commercial bus market. Last year, the Government confirmed their intention to proceed with deregulation and privatisation. A Bill will be introduced as soon as possible after the next election. In preparation for that, I have initiated discussions with a number of groups with a direct interest in the future of bus services in London.