Emerging plans to bring the bus network back under public control with a multi-million pound franchising scheme have been revealed to the public. The plans, if approved, will mean almost all local services operating wholly in Cambridgeshire and Peterborough brought under the control of the Combined Authority. But doing so will come at a cost. The Combined Authority estimates that a move to franchising would require an initial, one-off investment of £1.42million over the three-four year transition period. A further £1.5m per year for staffing and IT would also be needed. Funding of the bus netw…