The Royal Borough's strategic manager for transport Ben Smith presented the good news to members of the cabinet when they met on Thursday.
The Department for Transport is footing the bill, which will see the new service provided by Courtney Buses. It is expected to take half an hour travelling between the two towns.
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CCTV images have been released of men police would like to speak to in connection with a homophobic attack on a couple as they took a train home from a Valentine's Day meal.