Bus travel in England should cost a maximum of two pounds each way from January to March. The price cap, which is the equivalent of around 2.30 euros, is intended to relieve the English people in times of skyrocketing prices.

"Buses are the most widely used form of public transport, so the £2 per journey limit will help passengers over the winter months and provide direct relief to households across the country," said UK Transport Secretary Grant Shapps.

Average trip 30 percent cheaper

According to the government, the average price for a three-mile trip is currently £2.80 (€3.25) - making the average trip about 30 percent cheaper. The measure only applies to England. In Scotland, Wales and Northern Ireland, decisions of this kind are a matter for the respective regional parliaments, not the UK central government.

Other means of transport, such as the subway, which is widely used in the capital London, are exempt from the relief. The opposition criticized. "This relief for the government, which is limited to 90 days after years of price increases, does not do justice to the extent of the crisis," said Louise Haigh, who is responsible for transport in the largest opposition party, Labor.

The likely successor to outgoing British Prime Minister Boris Johnson, Liz Truss, was yet to commit to how she intends to ease the burden on Britain's budgets. The change of government will take place next week.