TfL launches fresh consultation on 2025 taxi fares and tariffs as driver costs rise by 4% and new airport fee arise
- Perry Richardson
- 4 hours ago
- 1 min read
Transport for London (TfL) has opened a public consultation on proposed changes to London’s black cab fares and tariffs for 2025.
The six-week consultation invites views from drivers, passengers and stakeholders on how the new rates should be set, including specific consideration for journeys beginning or ending at London City Airport.
TfL reviews taxi fares annually, with the last increase introduced in April 2025. This year’s review will again use the Cost Index, which tracks changes in taxi drivers’ operating expenses and average national earnings. The latest figures show that overall costs and earnings have risen by 4 per cent, prompting TfL to examine how fares might need to be adjusted to reflect those pressures.
According to TfL, the aim is to strike a balance between ensuring cab drivers can cover their operating costs and be paid fairly, while keeping fares affordable for passengers. The authority also highlights the importance of maintaining taxis as an accessible and reliable transport option for those who find public transport difficult to use.
The consultation comes at a time when the number of licensed taxi drivers in the capital has been falling, raising concerns about the sustainability of the trade. TfL says it wants to ensure that being a taxi driver remains a viable career while maintaining fair and transparent pricing for passengers.
Members of the public can submit their views online through TfL’s “Have Your Say” portal. Feedback can also be provided by email, phone or post. The consultation closes on Sunday 14 December 2025, after which TfL will review the responses and decide whether fare adjustments will be introduced.
