Record diesel prices are adding to the cost of keeping taxis and private hire vehicles on the road, with drivers facing an immediate squeeze on earnings and operators weighing how to manage higher running costs. The average UK diesel price has reached 200.01p a litre, according to the figures supplied by the RAC, taking a 55-litre fill-up to £110.01. At that price, a diesel car averaging 45 miles per gallon uses about 20p of fuel per mile. A driver covering 10,000 miles would

RAC says the average diesel price has reached 200.01p a litre, increasing pressure on households and high-mileage businesses as petrol prices also rise. The average UK diesel price has climbed to a record 200.01p a litre, according to RAC figures cited by the motoring organisation. A 55-litre tank now costs £110.01, up £31.70 from 28 February, the date it identifies as the start of the US/Iran conflict. RAC head of policy Simon Williams said the price had passed a threshold “

London’s taxi fare formula points to a potential 7.07% increase in fares from April 2027, according to figures supplied ahead of the annual tariff consultation. The calculation is an early indication; the level of any change will be considered through consultation later this year. The projected figure combines a 5.03% increase in operating costs with a 2.05% rise in average national earnings. The operating cost basket includes items such as fuel, insurance and vehicles, which