Update 27 March 2023
On 8 March 2023 the TfL Finance Committee approved our recommendations. We have now published our Consultation Report and Response to Issues Raised.
- update ends -
Update 28 February 2023
We have now considered all the consultation responses and used these to inform our recommendations to the TfL Finance Committee.
The Finance Committee will consider the recommendations at its meeting on 8 March 2022.
Following this, we will publish the consultation report. This will detail the decisions the Finance Committee has taken, as well as responding to the key issues raised during the consultation.
Continue reading
Update 27 March 2023
On 8 March 2023 the TfL Finance Committee approved our recommendations. We have now published our Consultation Report and Response to Issues Raised.
- update ends -
Update 28 February 2023
We have now considered all the consultation responses and used these to inform our recommendations to the TfL Finance Committee.
The Finance Committee will consider the recommendations at its meeting on 8 March 2022.
Following this, we will publish the consultation report. This will detail the decisions the Finance Committee has taken, as well as responding to the key issues raised during the consultation.
We will aim to publish this by late March 2022.
- update ends -
Overview
We are reviewing London taxi (black cab) fares and tariffs and are interested in your views on whether these should be increased to take into account taxi drivers’ rising operating costs.
We are also proposing changes to the extra charge for booked taxis and the fixed-fare shared-taxi scheme that operates during the Wimbledon Tennis Championships.
On this page you can find out about our proposals and the potential impacts of increasing taxi fares, read background information on why we review fares and find out how you can give us your feedback. You can ask us a question and respond to our survey.
You will need to register with our Have your say platform to take part in the online survey although your details will be kept secure. Alternatively, you can send your response to us by email at haveyoursay@tfl.gov.uk or by post to FREEPOST TFL HAVE YOUR SAY.
You have until 22 December 2022 to give us your feedback.
Why do we review fares?
We review taxi fares and tariffs every year. Taxi fares and tariffs were last updated in April 2022 following consultation.
When we review taxi fares and tariffs we try to strike an appropriate balance between drivers being fairly paid and taxi users getting fair and affordable fares.
We are reviewing taxi fares and tariffs and considering changes because:
- Taxi drivers’ operating costs have increased since fares and tariffs were changed
- We want to ensure that taxi drivers are fairly paid and to make sure taxi driving remains a viable career
Find out more about why we review taxi fares and tariffs.
What are we consulting you on?
Increasing taxi fares and tariffs
We want your feedback on five possible options for taxi fares and tariffs:
Option | Details |
---|
1 | Increase all tariffs by the full total Cost Index figure - Freeze the minimum fare at £3.80
- This option would increase Tariffs 1, 2, 3 and 4 by the full total Cost Index figure of 11.64%
|
2 | Use the total Cost Index figure but spread the increases across the minimum fare and the four tariffs - Increase the minimum fare by 40 pence (£3.80 to £4.20)
- Increase Tariffs 1, 2, 3 and 4 by 8.80%
|
3 | Increase Tariffs 1 and 2 by the drivers’ operating costs part of the Cost Index - Freeze the minimum fare at £3.80
- Increase Tariffs 1 and 2 by 7.61%
- Freeze Tariffs 3 and 4
|
4 | Increase Tariffs 1 and 2 by the average national earnings part of the Cost Index - Freeze the minimum fare at £3.80
- Increase Tariffs 1 and 2 by 4.02%
- Freeze Tariffs 3 and 4
|
5 | No change - Freeze the minimum fare at £3.80
- Freeze Tariffs 1, 2, 3 and 4
|
We have provided more information about these options to help you respond, including a summary of the main considerations and impacts of each option.
We know an increase to taxi fares and tariffs may be a concern for Taxicard users, and we have provided information about this to help you respond.
Other consultation proposals
We would like your feedback on changes to the extra charge for booked taxis and removing the requirement for this to be added to the taximeter by taxi drivers.
We would also like your feedback on increasing some of the fixed-fares from the Wimbledon Tennis Championships to other parts of London, and on changing the location where the scheme operates from.
Find out more about these other consultation proposals.
Information to help you respond
We have provided more information to help you respond. Visit the Documents section for:
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