13 Fitzroy Street, London, W1T 4BQ. Tel: 020 7755 3192 Email: info@fitzroviapartnership.com @Fitzpartnership © The Fitzrovia Partnership 2019

Don’t be hit by the recent increase to taxi fares and tariffs

The Fitzrovia Partnership’s Business Taxi Service offers members a chance to save up to 30% and more on taxi services. With the recent increase in taxi fares and tariffs, the details of which are below, the time couldn’t be better to contact the team and start saving.

Between 26 October 2015 to 21 December 2015, TfL consulted on proposals to change the fares and tariffs for taxis (black cabs).  Details of the changes to taxi fares and tariffs, which came into place from 2 April 2016 are detailed below.

The following changes to taxi fares and tariffs are now in place:

  • A 1.6% increase to taxi fares
  • Increase in the minimum fare from £2.40 to £2.60
  • Extension of the provision for a 40 pence additional charge for all taxi journeys, to be implemented if London retail diesel prices (as measured by the AA fuel price report) reach the threshold figure of 148.56 pence per litre
  • A new provision where all taxi fares are reduced by 40 pence if London retail diesel prices (as measured by the AA fuel price report) reached the threshold figure of 72.70 pence per litre
  • Changing the start time of Tariff Three from 06:00 to 05:00, and changing the end times of the other tariffs
  • Linking the tariff rate for longer journeys to distance only

A full review of the Cost Index and current fares and tariffs will also be conducted.

TfL response to issues raised in this consultation will be published in early summer 2016.

Vist TfL for further information about the consultation and to read TfL’s interim report on the results.