He said: "It is great news for passengers using Pay As You Go with Oyster or contactless payment cards on London’s buses. Buses are proven to provide many economic and social benefits. Whilst bus usage is already high in London (comparatively, compared to other UK cities) this further investment can only strengthen the use of public transport."
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Notes to Editors:
KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 12,000 partners and staff. The UK firm recorded a revenue of £1.96 billion in the year ended September 2015. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 155 countries and has 174,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.