Taxis starting to stack up as many rental drivers unable to afford weekly payments

Updated: Mar 22

Image: Taxis parked at Great Suffolk Street Cafe (Ross Campbell)

With the coronavirus worldwide pandemic devastating industries, UK taxi drivers have felt the full force of the impact, and as a knock-on effect, fleet owners are now seeing vehicles being returned at a worrying rate.

As self-employed workers, taxi drivers are ultimately small business owners, with fixed overheads that can easily amount to anywhere between 25-40% of earnings.

Taxi drivers are steadily being left with no choice but to return cabs to fleet owners during a period when work has decreased to levels which no longer cover the overheads involved to run a taxi business.

Multiple posts on several established taxi social media groups show clearly that taxi drivers across the UK are spending more hours on shift without taking a single fare.

In the past days some drivers have also announced retirement or semi-retirement from the industry until this life-changing pandemic eases.

One taxi driver, Parker Cabbie, wrote on social media: “Well it's 'Game Over' for me as a proud London taxi driver for over 26 years. First time in my life I've been unemployed!

“Cab handed back to garage & badge put away. Good luck to all my friends (& a few enemies!), take care and Be Lucky! Dole office here I come...”

A&S Services Hoddesdon Ltd finished a tweet about rentals with: "Almost cried this morning when I saw our yard. Keep well and keep safe."

Earlier today the lack of help awarded to self-employed workers in the latest Government COVID-19 financial measures has been branded a “scandal” by taxi driver representatives.

Further pressure has been placed on Government ministers to protect the futures of self-employed workers like taxi drivers in the coming days.

Cabvision GIF July 2020.gif
  • Facebook TaxiPoint
  • Twitter TaxiPoint
  • YouTube TaxiPoint
  • Instagram
ltda banner.JPG
Ethos Banner 516x175 HS.gif
Market footer GIF.gif
private hire cover from Utility Saving Expert
advert gif.GIF
RSS Feed

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 2020.