Cambridge Taxi Fares Set for Increase: Public consultation opens

Cambridge City Council has announced proposed changes to the taxi fare structure for the financial year 2024/25.

As of yesterday (Monday 26 February), the public have the opportunity to voice their opinions on the adjustments, which are poised to take effect from 1 April 2024.

Under the Local Government (Miscellaneous Provisions) Act 1976, authorities have the mandate to regulate Hackney Carriage fares, ensuring that charges are transparent and fair for both time and distance travelled.

The proposed fare adjustments includes a 4% increase in the base fare across all main tariffs, influenced by the Consumer Price Index rate of January 2024.

The need for a fare revision stems from the necessity to align with the latest economic indicators while ensuring that the taxi service remains sustainable and competitive. The rounded 4% increase reflects a balanced approach to adjusting fares in line with the Consumer Price Index, aiming to mitigate the financial burden on passengers while addressing the operational costs faced by service providers.

Additionally, extra charges will be imposed for journeys accommodating five or more passengers, bicycles that cannot be stored in the luggage compartment, a potential fuel surcharge, and a fee for vehicles deemed unfit to continue working.

Public participation is a critical element of the fare revision process. Residents and stakeholders are encouraged to engage with the consultation process by submitting their feedback through an online survey. The consultation period runs until Monday 11 March.