Veezu reduces private hire prices in Derby due to escalating cost-of-living fears

Image credit: Veezu

In a move that aims to alleviate the financial pressures faced by many due to the escalating cost-of-living, Derby's local private hire company Veezu has announced a significant reduction in its fare prices.

Starting at just £3.50, Veezu now promises to offer the cheapest rides in the city.

This strategic decision is the result of a thorough analysis of market trends, passenger feedback, and the broader economic environment, which highlighted the growing need for affordable transportation options.

Veezu's initiative is in direct response to the cost-of-living crisis that continues to impact households across Derby. The firm now aims to commit to providing value to its customers.

At this stage it is unclear how drivers on the platform will be impacted.

Arnie Singh, Chief Operating Officer at Veezu, said: “Veezu is committed to supporting the community where we can, especially in times of financial strain. By lowering our fares, we hope to ease some of the burden on passengers seeking budget-friendly transportation options.”