Taxpayers funded £7million Tyne Tunnel loan to ensure new barrier-free system goes ahead on time, councils reveal
North East councils gave a £7million loan to Tyne Tunnel bosses to avoid delaying the removal of all toll barriers from the crossing, it has emerged.
But it has been revealed tunnel operator TT2 was planning to push back the scheme due to a huge loss of income caused by the Covid-19 pandemic, until local council leaders stepped in with an offer to keep the ‘Tyne Pass’ project on track.
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