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.
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The average increase across the capital is 9.2% this year - with areas in the east and south of the city up by 15-16%.