By Anthony O. Goriainoff

U.K. transportation company Go-Ahead Group PLC said on Wednesday that it welcomed the announcement made by the U.K. government regarding the extension of funding of bus services in England until 2022.

On Tuesday, the Department for Transport announced a further 226.4 million pound ($312.4 million) funding package which will run from the end of the current arrangements in September until April 2022.

The company said this was a reflection of the government's decision to provide a level of support to the bus network while customer numbers recover after the anticipated ending of pandemic-related restrictions later in July.

"The support we have received from [the] government over the last 16 months has enabled us to continue to provide vital services to communities, including essential journeys during the various lockdowns," Chief Executive David Brown said.

Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com

(END) Dow Jones Newswires

07-07-21 0250ET