§ Lord Swinfenasked Her Majesty's Government:
Whether there is to be an amendment to London taxi fares and fees in the near future.
The Minister of State, Department of Transport (The Earl of Caithness)The Government have made an order increasing London taxi fares by about 6.1 per cent. on average with effect from Saturday 30th May 1992. The new tariff will incorporate a minimum fare of £1 (including an uncharged hire charge of 40p) for the first 873 yards or three minutes. The rate will then be 20p for every 291 yards or 60 seconds up to six miles and 20p for each 194 yards or 40 seconds thereafter.
The Government have decided that the calculations for any future increase should be based on the average earnings for the whole economy rather than the figure for transport and communication workers in Greater London, which was used for the past two years.
26WAWe have also increased the fees for licensing London taxi drivers from £70 to £80 and for vehicles from £65 to £78. The increase will take effect on Monday 15th June 1992.