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Nottingham Trams Limited has reported just over £57m in losses for the last financial year ending March 2023, which more than doubles figures from 2022 (£20m). This is despite seeing increases in passenger's journeys, jumping from 9.1m to 14.4m, and a £8.3m increase in turnover....
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Nottingham City Transport (NCT) have increased their bus fares in response to what they called “significantly increased operating costs.” The company cite the specific reasons for the increase as: “fuel and staffing costs are much higher than at the start of the year, with diesel costing us up to...