Review of taxi (black cab) fares and tariffs 2024

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We would like to hear your views on our options for this year’s taxi (black cab) fares and tariffs review. We are also proposing changes to fares for journeys which begin or end at Heathrow Airport.

The consultation period has now closed. You can find updates on the scheme in the 'Latest news' section.


Why

Image showing a black cabWe regularly review taxi (black cab) fares and normally make changes once a year, following a public consultation. Taxis are an important part of London’s transport services. They provide an accessible option for people who may find using public transport difficult and offer an alternative to the use of private cars, which can contribute to improving congestion and air quality. We want to ensure that taxi drivers are able to cover their operating costs and are paid fairly for their work. This helps ensure that being a taxi driver remains an attractive career option.

The number of licensed taxi drivers has been falling for several years. So it’s important to try and find a balance between taxi drivers being able to cover their costs and be paid fairly, and the public not using taxis as the fares are too expensive.

When we review fares and tariffs, we use the Cost Index which takes into account changes in taxi drivers’ operating costs and changes in average national earnings. You can read more about the Cost Index here.

This year taxi driver operating costs have increased by 4.17%, with average national earnings increasing by 3.31%.

We try to strike a balance between drivers being fairly paid and taxi customers being charged a fair and affordable fare.


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We would like to hear your views on our options for this year’s taxi (black cab) fares and tariffs review. We are also proposing changes to fares for journeys which begin or end at Heathrow Airport.

The consultation period has now closed. You can find updates on the scheme in the 'Latest news' section.


Why

Image showing a black cabWe regularly review taxi (black cab) fares and normally make changes once a year, following a public consultation. Taxis are an important part of London’s transport services. They provide an accessible option for people who may find using public transport difficult and offer an alternative to the use of private cars, which can contribute to improving congestion and air quality. We want to ensure that taxi drivers are able to cover their operating costs and are paid fairly for their work. This helps ensure that being a taxi driver remains an attractive career option.

The number of licensed taxi drivers has been falling for several years. So it’s important to try and find a balance between taxi drivers being able to cover their costs and be paid fairly, and the public not using taxis as the fares are too expensive.

When we review fares and tariffs, we use the Cost Index which takes into account changes in taxi drivers’ operating costs and changes in average national earnings. You can read more about the Cost Index here.

This year taxi driver operating costs have increased by 4.17%, with average national earnings increasing by 3.31%.

We try to strike a balance between drivers being fairly paid and taxi customers being charged a fair and affordable fare.


Return to the top of the page
  • CLOSED: This survey has concluded.

    We are holding a six-week consultation to hear what you think about these proposals. We want to know if you agree with them, if there is anything you do not agree with, and to understand the reasons why you feel this way.

    You can reply by completing our survey, which should take no more than 10 minutes to complete. The closing date for comments is Monday 2 December 2024.

    To take part in our online survey you will need to register with your email address. Your details will be kept secure.

    If you prefer, you can also let us have your comments by:

    • Email: haveyoursay@tfl.gov.uk
    • Telephone: 020 3054 6037 to leave your name and contact number and we will call you back. Please quote 'Taxi fares 2024' when leaving your message
    • Write to: FREEPOST TFL HAVE YOUR SAY (Taxi fares 2024) no postage stamp required

    Please note responses to the survey may be made publicly available after the consultation has closed, this would typically be in the form of a report on the results of the consultation exercise, but any personal information will be kept confidential. Your personal information will be properly safeguarded and processed in accordance with the requirements of privacy and data protection legislation. For further information, please visit our privacy policy
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  • CLOSED: This survey has concluded.

    We know that life is busy and you may just have one short moment to tell us what you think of our proposals. That's why we now let you submit a quick consultation response.

    This is different from our consultation survey as we ask just one short question "Tell us what you think of our proposal".

    Your response can be long or short, but importantly it lets us know your views. 

    You will need to register with our Have Your Say platform to give us your quick response, although your details will be kept secure.  

     You have until Monday 2 December 2024 to give us your feedback.

    Please note that responses will be made publicly available after the consultation has closed in the form of a report on the results. Your personal information will be properly safeguarded and processed in accordance with the requirements of privacy and data protection legislation. For further information, please visit our privacy policy.

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Page last updated: 07 Dec 2024, 08:15 AM