The cost of driving through the Tyne Tunnel will jump by up to 50p in 2023.
Councillors voted on Tuesday to increase the price of the toll for using the busy crossing, but decided to defer the hike from next February until May because of the major financial pressures already set to hit North East households this winter. It means that the class two vehicle toll for car drivers will rise from £1.90 to £2.20 and the class three HGV toll will go from £3.90 to £4.40.
Members of the North East Joint Transport Committee’s Tyne and Wear sub-committee were told on Tuesday afternoon that the toll needed to increase at a higher rate than usual because of the escalating levels of inflation and to pay back the debts incurred in building the second tunnel. Philip Smith, chief executive of Tyne Tunnel operator TT2, said that the electricity bills for the crossing were expected to rise by an “astonishing” £1m because of the energy crisis.
