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22 November 2012, 11:56 | Updated: 30 March 2016, 13:50
Metro fares will go up by an average of 4.1% from January 2013 - putting the cost of a ticket up by around 10p per trip.
The increase comes into effect from the 6th of January 2013.
The revised fares will see the peak Metro DaySaver tickets ditched in favour of cheaper off-peak tickets, to benefit commuters and part-time workers.
There will also be greater discounts for students.
Passengers will also be able to get substantial discounts by buying tickets online at www.nexus.org.uk.
Nexus, the public body which owns and manages Metro, has kept the 2013 price increases as low as possible while meeting tough budget targets.
The changes are necessary to offset higher Metro running costs, particularly high voltage power.
What Are The Main Price Changes?
* The price of Metro single tickets is going up by 10p, with a one zone single up from £1.60 to £1.70.
* The Metro DaySaver is going up by 20p, compared to the existing off-peak DaySaver, but passengers travelling before 9am who now buy a peak Daysaver will see prices come down.
* The annual MetroSaver goes up by £20 from £500 to £520 - offering unlimited Metro travel for just £1.42 per day.
* A child's Metro single fare is up from 70p to 80p and the child's DaySaver ticket goes up from £1.10 to £1.20, but children with a Nexus Under 16 Card can still buy a concessionary single for 60p and a Child All day Ticket valid on Metro and other public transport for £1.10.
* Students at universities in Newcastle and Sunderland are getting an enhanced 20% discount on the cost of Metro travel in comparison to the equivalent adult product.
* The price of a Metro Gold Card, which is available to Tyne and Wear residents with a National Concessionary Travel pass for a one-off annual payment of £25 per year, is being reviewed separately and recommendations will be presented to members of the ITA in the new year.
* Tickets on the Shields Ferry are also going up from £1.40 to £1.50, the one day FerrySaver is up from £2.40 to £2.50, and a seven day pass is up from £10.80 to £11.20.
* The child single ticket on the Ferry is up from 50p to 60p.
* A new four week season ticket is going to be introduced which represents further savings against the cost of paying daily.