This year’s increase in taxi fares is the lowest since Transport for London took on responsibility for licensing taxis, TfL’s General Manager of Taxi and Private Hire said today. Helen Chapman added:
As part of our ongoing commitment to licensing a world-class taxi service, we will be conducting a number of reviews over the coming year, including whether increases in taxi fares and tariffs should be introduced at the start of each year, in line with London’s Tube, rail and bus network.
Black cab fares in the capital are going up and could rise again as early as next January.From April 5, London taxi fares will increase by an average of 0.7%, Transport for London (TfL) announced today.
TfL said the below-inflation increase was the lowest since it took responsibility for licensing taxis in 2000 and the rise equated to just 9p more on an average fare.