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Taxi fares are going up 3.56% from today, with the cost of fuel previously described as "the single biggest increase in taxi operating costs over the last 12 months."
Taxi fares are set by the States Committee for the Environment and Infrastructure which announced its plan to put the prices up towards the end of last year, with a brief public consultation so potential passengers could have their say.
That closed on Monday 7 January, and Express has asked how many people commented and what the opinions were.
The last time taxi fares went up was almost exactly a year ago, on 8 January, 2018. E&I said it has done the maths though and the latest increase was necessary.
In a statement last month the committee said:
"The single biggest increase in taxi operating costs over the last twelve months was in respect of fuel charges which rose by 9%. Overall, the increase in taxi operating costs was calculated at 6.06%. The Formula is based 40% on taxi inflation and 60% on average median earnings. With the median earnings figure at just 1.9% at the end of 2017, it means that the overall proposed increase reduces to 3.56%."
As 3.56% is likely to equal an odd amount of money, fare tariffs will go up in increments of 20p.
This could mean a two mile journey on Tariff One will now cost £6.80, while on Tariff Two it will now cost £9.40. The difference will depend on the time of day or the date you are travelling:
E&I gave the following example fares under the new rates.
Pictured top: File image.
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