top of page
CMT Jan 25.gif

UK taxi and minicab turnover falls for the first time in five years

Perry Richardson

Taxi and minicab turnover has fallen for the first time in five years according to a report out from account Moore Stephens. Analysis of the UK's biggest taxi and minicab firms noted that turnover had dropped 3% from £495m in 2014/15 to £479m in 2015/16. Before that there had been good constant growth, despite Uber's arrival since 2011/12. 

Moore Stephens attributes the 3% drop to Uber's growth in new UK cities. However, TaxiPoint would add other variables such as a stagnated economy, uncertain political arena, traffic congestion and a drop in tourism to the possible reasons.

Subscribe to our newsletter. Receive all the latest news

Thanks for subscribing!

TaxiPoint_BannerAd_720x200_Feb24_GIF2.gif
RENT WITH (720 x 200 px) (1).gif
Taxipoint - Web Banner - 12.24.png
IMG_2814.jpeg
Save £££ £3.50 per hour - Compressed (1).gif
1comp.gif
D.4133 LEVC January Offer Campaign_TP__720 x 200.jpg

The views expressed in this publication are not necessarily those of the publishers.

All written and image rights are reserved by authors displayed. Creative Common image licenses displayed where applicable.

Reproduction in whole or in part without prior permission from the publisher is strictly prohibited.

All written content Copyright of TaxiPoint 2025.

bottom of page