Options

We have developed the following seven options and would like your views.

Options 1, 2 and 3 include options for the minimum fare and increasing Tariffs 1, 2 and 3 by the full Cost Index figure of 7.48%.

Options 4, 5 and 6 include options for changes to the minimum fare and increases to Tariffs 1, 2 and 3 using the driver costs component of the Cost Index only, 4.17%.

Option 7 is to freeze taxi fares for 2025/26.

Option 1:

• No change in minimum fare
• Tariffs 1, 2 and 3 would be increased by the full Cost Index figure (+7.48%)
• Tariff 4 would be increased to be in line with Tariff 2
  
  

Option 2:

• Minimum fare would increase by 20 pence, from £3.80 to £4.00
• Tariffs 1, 2 and 3 would increase by 6.27%
• Tariff 4 would be increased to be in line with Tariff 2
  
  

Option 3:

• Minimum fare would increase by 40 pence from £3.80 to £4.20
• Tariffs 1, 2 and 3 would increase by 5.05%
• Tariff 4 would be increased to be in line with Tariff 2
  
  

Options 4, 5 and 6 include options for changes to the minimum fare and increases to Tariffs 1, 2 and 3 using the driver costs component of the Cost Index only, 4.17%.

Option 4:

• Minimum fare frozen at £3.80
• Tariffs 1, 2 and 3 would increase by 4.17%
• Tariff 4 would be increased to be in line with Tariff 2
  
  

Option 5

• Minimum fare increased by 20 pence to £4.00
• Tariffs 1, 2 and 3 would increase by 2.96%
• Tariff 4 increased in line with Tariff 2
  
  

Option 6

• Minimum fare increased by 40 pence to £4.20
• Tariffs 1, 2 and 3 would increase by 1.74%
• Tariff 4 increased in line with Tariff 2
  
  

Option 7

• No change to minimum fare
• No change to Tariffs 1, 2, 3 or 4
• Fares frozen for 2025/26
  
  

The table below shows how the minimum fare and tariffs would change according to each option:

(Click on table for larger version)

Please let us know which option you would prefer by completing our survey.

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