The cost of a journey on the Tyne and Wear Metro is expected to be capped at £2 at the start of next year.
Bosses are set to introduce a temporary price limit on Metro tickets to help reduce the financial burden on passengers during a cost of living crisis and match an equivalent offer on buses, potentially cutting the price of a single fare by almost 40%. The Local Democracy Reporting Service revealed last month that Nexus chiefs were working up plans to launch a £2 cap for single tickets, after the government confirmed that all bus journeys in England would be capped at that level between January and March 2023.
Proposals now due to be presented to councillors next week would see Metro prices capped at £2 for a single ticket and £4 for all-day travel – but only for passengers with a Pop smartcard, not those buying paper tickets. If approved next Thursday, the offer would run from January 2 to March 31 next year – after which ticket fares would go back to the standard level, with a potential fare hike set to be discussed in the coming months.