Why are London taxis so expensive?

The price of diesel, inspections, maintenance, and getting the license all play a role, and the cabs themselves are not cheap. Only certain kinds of cars may be used as cabs and they're quite specialized. I believe the basic model is about £40,000. Taxis are best used if you're sharing with others (they can hold 5).



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London Black cab prices are affordable, and they offer a good value for money. They are usually metered and have a minimum charge of around 3 to 4 pounds. We think these rates are great for the amazing services and classy cars the cab companies offer.

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Tipping taxi drivers It is polite to tip 10 to 15% of the taxi fare for black cabs and licensed minicabs in London. However, most people simply round up the fare to the nearest £1 and tell the driver to keep the change.

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Yes, you can hail a London black taxi in the street and pay the driver in cash at the end of your journey. Most cabs also accept credit and debit cards now.

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A taxi driver is obliged to accept passengers which fall within the taxi authorized area and are within 6 miles of the origination of the fare. A taxi driver can refuse a fare if the passenger looks drunk, sick or aggressive.

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London Black Taxis +44 (0)20 3984 4515.

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Hailing a cab If you've ever hailed a taxi before, then doing so here in London is effectively the same thing – just stand on the curb, raise and hold out your arm towards a black cab that's approaching and will pass you and wait for it to stop (you don't have to whistle!).

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Surge pricing takes effect when a lot of people in the same area are requesting rides at the same time. This means that rides will be more expensive. Adjusting the price attracts more drivers to an area so everyone can get a ride.

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Bolt's main advantage is the lower fees and commissions. The company charges 15 per cent commissions to its drivers – almost half compared to Uber – which means riders can also benefit from cheaper fares. However, don't be too quick to jump in a Bolt car.

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Private hire vehicles must never stop or wait in taxi ranks, or the driver will be subject to a Penalty Charge Notice and potentially licensing action.

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The taxi app changed name as part of joining the wider-mobility international “NOW” brand family. The FREE NOW app will be operational in 100 cities across Europe, with 'match', the new taxi-sharing service being piloted across locations in Dublin, its first innovation for Irish passengers.

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Being paid with cash means drivers have money ready to pay for ongoing costs such as fuel, repairs and maintenance. While many card transactions can be instant, some can take days to process and the driver has to wait for the money to reach their account.

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London taxi drivers are licensed and must have passed an extensive training course (the Knowledge). Unlike many other cities, the number of taxicab drivers in London is not limited.

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