London cab fares rising 5.5%

Black cabs fares in London are to rise 5.5% in an attempt to reduce the number of drivers giving up the profession and coping with a rise in costs.

London’s Evening Standard reports that, from 30 April, minimum fares between 5am and 10pm will increase from £3.20 to £3.80, while travellers to Heathrow will see their supplement go up from £2.80 to £3.60.

It says the increase, approved by Transport for London’s finance committee, will help drivers stay afloat as the costs of operating taxis have increased 10 per cent on pre-pandemic times causing many cabbies to resign.

In January there was a warning traditional black cabs “face extinction”  with the number of new applications for black cab licences has dropped by almost 95% in a decade, from 3,484 in 2011/12 to just 221 last year.

(Picture – Yay Images)

Facebook
Twitter
LinkedIn
Email
Print

Related Stories

HIGHWAYS... DAILY

All the latest highways news direct to your inbox every week day

Subscribe now

This website uses cookies to ensure you get the best experience on our website.