Metro to receive a further £7.3m in Government covid funding

A Metro cube
4 April 2022

The Tyne and Wear Metro is to receive a further £7.3m from the Government to support its services while customer numbers continue to recover.

The Department for Transport (DfT) confirmed the funding for light rail and bus operators today, Monday 4 April. 

Nexus, the public body which owns and manages Metro, said that the extra financial support was welcome amid a gradual recovery in the number of customers journeys on the Metro network. 

The funding will be used to cover Metro’s running costs through to October while fare revenue continues to be affected by the impact of Covid-19.

Director of Finance and Resources at Nexus, John Fenwick, said: “We stressed the need throughout last year for an extension to Government financial support for the Tyne and Wear Metro and this additional funding through to October is welcome as we continue our recovery.

“Customer numbers remain lower than pre-Covid levels and growing inflation means that this extra funding is essential in order to maintain the Metro service.”
 

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