00:00The North East Mayor Kim McGuinness' plans to bring buses in the North East under public control are expected to
00:07cost more than first forecast after auditors found a financial modelling error.
00:12The review found staffing costs had been left out of calculations over 30 years.
00:17The authority says the scheme remains affordable and would improve value for passengers. Critics have called for further scrutiny of
00:24the figures.
00:25The plans aim to change how fares, routes and timetables are managed across the region.
00:31The Mayoral Authority says public control could reduce fares and increase journeys in the future.
00:37A consultation on the proposals is now underway before any decisions are made.
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