Transport for London’s (TfL) Finance Committee has recommended increasing London black cab fares from April 2026, including a 20 pence rise in the minimum fare to £4.40 and a 2.88 per cent uplift in Tariffs 1, 2 and 3. The changes, set out in a paper to be considered on 25 February 2026, also include introducing a £6.00 drop-off extra charge for journeys terminating at London City Airport (LCY). If approved, the revised fares would come into effect on Saturday 25 April 2026.

Transport for London (TfL) will introduce maximum metered fares for pedicab journeys from October, setting a base fare of up to £5 plus a charge of up to £1 per minute, as part of a new regulatory framework aimed at bringing the previously unregulated sector under formal oversight. Under the proposals, which are subject to approval by TfL’s Finance Committee on 25 February, operators will also be permitted to add up to £3 for each additional passenger on top of the total fare

Autonomous vehicles set to launch on the Freenow by Lyft platform in London will not replace the capital’s black cab trade, according to UK General Manager Danny O’Gorman, who said licensed taxis will retain operational and service advantages that technology cannot replicate. In an exclusive interview, O’Gorman said that while autonomous vehicles, or AVs, are expected to increase overall demand for shared mobility, the role of the capital’s licensed taxi fleet will remain dis