grandad wrote:
How much are the fares being reduced by?
The new fares table adopted resulted in a reduction in the basic tariff for the first mile from £4.86 to £4.52 (a reduction of 7%) and for the second mile from £2.04 to £1.72 (a reduction of 15.7%). The amount chargeable for a journey of two miles, £6.24, a reduction of 9.6%, however, was the same as the amount that was then being charged for the same journey in Runnymede and more than the average charge of £6.20 for a trip of that length across Southern England. The national average was £5.68.What would/could have solved this issue from the start was to ensure that (when the formula came in) any subsequent review of taxi fares was initiated by the trade, not by civil servants sitting on their arses waiting for their jumbo retirement pots.
That way if fuel went down and the fare formula numbers looked a bit iffy for drivers, then they wouldn't apply for an increase.