Another Pay Rise! - It's NOT Good!

London taxi fares are consulted on each year. Whilst this is one of the largest meter increases seen in a long time, is it enough in the current climate?
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[@-DC-]

100k is absolutely insane for a cab everything is geared to completely fleece you at every turn.

[@bluestu2]

That's with interest, which ups the cost by around £25000 from the list price which is still bloody high at mid-£70,000s

[@rangers7694]

The £100K taxi is the problem, kill mushing as we know it,desperately need a much cheaper vehicle for the job.

[@jonbyrnes4349]

Not just that but the fact they now have the monopoly with no other taxi manufacturers

[@NidgeMarchant]

You won't get that with Kahn, he's in the pockets of LEV and Nissan

[@80skid83]

Need vat to be cut and zero percent finance, before there will be an incentive to buy

[@michaelfrancis8692]

I believe the TXE has increased in price by £1500 4 times in the last 2 years. Rental £350/£380 per week, when I got out in 85 it was £80 per week rent fill up your tank £15 takings £80/£90 a day a day.

[@cabottaxi]

Tell me about it mate . Just had a quote for a new kitchen. Thought it would be about £8000. Now looking likely to be £20000. Electrical works £1500 for 2 days , plasterer £1850 for 2 days , joiner £3000 for 2 days and worktops extra £3000. You guys are cheap as chips in comparison.

[@sentinel80]

More fool you if you pay those silly prices 🤷‍♂️

[@bigfatnick]

Train driver here, totally agree with your sentiments. Theres a lot of headlines saying how greedy train drivers are demanding the world, but the reality is, im effectively on a 14% ish pay cut since my last pay rise. My headline wage is quite good, yes, but because I'm on a decent wage i bought a slightly nicer house (upon request of my family) we bought the first new car we've ever had, all things that are good for the economy, then the cost of all the things around that spiraled, remortgage time came and interest rates definitely aren't what they used to be. My spending power is probably half what it used to be, this cant be good for local small businesses, only aldi and lidl etc. Good luck to everyone with regards to getting a pay rise! Remember, both labour and the conservatives voted for THEIR payrises in the depths of covid whilst the rest of us worked, remember that most of the big companies have been recording record profits whilst we're punished! I don't believe there is anything wrong with profits, but don't take the piss. And the government should consider that payrises aren't necessarily a bad thing, remember to every NHS staff member they give a payrise, almost half of that will come back to the government in form of income tax/national insurance, then everything that person spends gets a 20% tax on it, more if its cigs and booze.

[@andrewstorm8240]

Drivers are on a good salary

[@bigfatnick]

@@andrewstorm8240 i think you ignored everything i said.

[@coopa2002]

Agree with everything you said here however I believe its most jobs that are experiencing real terms pay cuts recently, and even not so recently. I believe the public sentiment is more negative towards train drivers becuase those lower paying jobs (eg. carers or healthcare assistants) feel it more because they weren't on a comfortable amount to start with. It doesn't invalidate the others who are taking a pay cut because their quality of life is still going down, but the focus should rightly be on those who are in more vulnerable positions financially (who are very close to minimum wage or at minimum wage) because they feel things. You might not be able to afford a new car, but for some it means they cant afford the Electricity or food. Defintely a bit of a tough situation, as the only gain from times like this are from politicians and big companies, I think we should be in solidarity accross paygrades but the sentiment is negative because the media is causing division on purpose, divide and conquer as per usual, and of course it is those with a level of education who are easily fooled.

[@bigfatnick]

@@coopa2002 Totally agree. I live in a crap northern ex mining town which has more warehouses than pubs. Theres plenty of work here but not well paid enough for most people to pump anything meaningful back into the economy. Imagine if we were all doing better, and encouraged (and able to afford) to spend our hard earned cash in ways that support our local area or even just keep the cash on this island.

[@Gordon..]

Are you earning less than before? If the answer is no (which it is) then you have not had a pay cut, stop trying to twist the truth to feed your greed

[@nopy99]

Prices are ridiculous at the moment. Fuel and energy is driving a lot of small business to the wall. Sad state of affairs.

[@Jablicek]

Love your attitude about Pret's employees being paid a half-decent wage. Someone else's higher income doesn't make me poorer (ok, maybe I spend an extra 5p for a coffee) but it makes such a change to their lives.

[@TomtheTaxiDriver]

Quite a considerable change to their prices. I paid £19.40 for 2x baguettes and 2x hot drinks, eat in last week!

[@Jablicek]

@@TomtheTaxiDriver Not been in a fortnight so maybe the new pricing hadn't filtered down to me yet. Nearly £20 for two lunches is a bit rich - perhaps they could shave something off the profit margin or pay the execs less!

[@tonyclifton265]

in Indonesia ( including Bali) the taxi meter rates haven't kept up with inflation and are too low for the market so cabbies just refuse to use the meter - they quote a fare before you get in and you take it or leave it. "sorry boss, meter not working" if you ask to use the meter before getting in. i hope london never gets shitty like that. i think our cabbies are too professional to act like that and the meter isnt out of line with inflation.

[@unconventionalideas5683]

Low traffic neighborhoods have been shown to cut crime significantly and pollution, improve health (physical and mental) and improve social cohesion. The traffic congestion does not substantially increase on surrounding roads because people decide that it is no longer worth it to drive and they thus stop driving in the area so much, which in turn makes the areas more pleasant and helps local businesses, too.

[@itsdougslife]

I was interested in your costs breakdown video. Those LTE taxis are beautiful vehicles but the list price and consequently leasing deals are shocking. 😮

[@leshoath3396]

The vehicles licensed to ply for hire in London and their purchase prices are not considered in the London taxi cost index.

[@itsdougslife]

@@leshoath3396 What does this mean? A cab driver has to either buy (presumably on finance) lease or hire an LTE or other suitable vehicle such as a Mercedes Benz Vito. These are expensive vehicles whichever way you choose to do it. Tom's previous cost breakdown video in 2022 costed the finance for an LTE at £350 a WEEK if I recall correctly and that was based on a £70K list price!

[@leshoath3396]

@@itsdougslife, The vehicles licensed to ply for hire in London are not subject to the London Taxi Cost Index, therefore, the rising costs which Tom adequately explains are not added to the cost index and therefore have no effect on the fares charged. Why this is I don't know, but I am reliably informed that national figures are used. 46% of London taxis are LEVC vehicles and their costs are rising as Tom has explained. The costs used for the TCI were taken in May 2022 so will be 12 months in arrears by the time the tariff starts. If Tom would like to give me his contact details I can forward the tariff information to him.

[@leshoath3396]

@@itsdougslife But those expensive vehicles are not calibrated into the cost index, so they could be increased to £200k and it would still not affect the tariff.

[@Gordon..]

The problem is the cabbies love to give tales of woes and costs, yet fall silent when the tax free cash earnings are mentioned

[@thechriswhewell]

Still running as a dual licensed driver elsewhere in the country on a 2019 rate card, and waiting for the council to provide an increase. Crippling. Now working 70+ hours a week to cover the bills. But still the complaints come from passengers. They soon shut up when I point out the date on the card and ask them if they would like to be earning what they did in 2019.

[@michaelwood3099]

Hundred grand and you get a for hire sign that always looks like it's turned on.

[@frankdonald1284]

Just had 20% increase here in Edinburgh

[@Tuppoo94]

2:56 How does this "minimum fare" business work? When you turn on the meter, does it start counting immediately from £3.80? In that case, wouldn't it be better to call it a "starting price" instead? The taxi company that I work for has a starting price of 4.95€ from 6AM to 6PM on weekdays (8.95€ at other times) AND a minimum fare of 10€. For example, if the meter has counted up to 7.65€ at the destination, the fare will jump to 10€ when the meter is turned off. This way every fare is at least 10€.

[@michaelz.7140]

In Cologne the base rate increased from 3,80 € to 4,90 € . taxi in Cologne was always the cheapest compared to other cities, but not anymore. in Frankfurt the base rate is 4,20 €.

[@dsgb]

7.6% is reasonable. We got somewhere near that at a nuclear generating utility this year. The unions used increased revenues from energy price rises as leverage. 👍🏻😀

[@london-living]

When i got my cab it was 24p pkw to charge so a full charge would cost around £5,now its 79p pkw which cost over £16.its cheaper getting getting petrol now.

[@greigs9384]

And us Nissan drivers are glad you are. Free chargers galore. 😀

[@bells1969]

I personally think and this is my opinion the Knolwedge is not a great business move 1 cab 20 years on and still being ripped of by LEVC on a vehicle that only has a 15 year life span

[@BrockMak]

I haven't looked at the different tariffs from the different sections of the country within my own company, let alone against different metered taxi companies, let alone Uber or Didi or Ola and Zoomy when they aren't surge charging. It's a lot for me to take in when I had to keep asking about calculating estimated fares for cross-town jobs. It'd just keep doing my head in.

[@jonbyrnes4349]

The fact they now have the complete monopoly with NO other taxi manufacturers is the worst thing for the trade . They have carte blanche to do what they want with price increases etc

[@adrian19831983]

I just reduced my output when I didn't get a pay rise. And that is what others will do too if they can't leave their job.

[@tomtucjr]

£100k for one of those taxis is an absolute joke! Had no idea.

[@marcz6838]

Hey Tom got a black can from near Stratford to theatre in central and was under £60 on a Saturday between 3 people!! So worthwhile and great value for money. Cabbie was sooo knowledgeable journey wasn’t that long but he pointed so many sites out it was a fantastic way to travel when the weather (and tube lines) were so hot

[@SmallBlogV8]

I wouldn't mind learning more about how the cost of a taxi car (is that specifically the LEVC TX?) has gone up that much. Is it by the manufacturer, supply vs demand during the chip shortage, or something more admin-based between them and you?

[@unconventionalideas5683]

Lithium prices for the large plug in batteries have surged, so that probably has a fair bit to do with it.

[@Shyted]

I’ve increased my income by reducing my outgoings. Times are tough.

[@AH-ko9jj]

Thats why no one is doing the knowledge sad but true.

[@deanobombeano234]

At 3:20 if I'm correct the 7.6pc is only on the rate element on the fare not incl the flag fall, so a £10.00 job becomes (10.00-3.80= 6.20 @ 7.6pc, so an increase of 47p) £10.47 🤷🏻‍♂️ BL

[@TomtheTaxiDriver]

That makes a lot more sense 👍🏻

[@itsmephil2255]

Nice to see it snowing in the background there Tom 😅

[@80skid83]

Yes very good points , but more importantly as well its important at the same time to not be priced out. If fares goes up too much , black cabs will be priced out

[@petardoh]

You forgot that rate 4 no increase as well😢

[@collin6238]

Petrol? What's that

[@DW-dd4iw]

Next time I'm in London, I'm going to take a £100k taxi because it's got to be like a Rolls Royce inside!!!

[@Tuppoo94]

The reason why the cabs are so expensive is because the production runs are very small compared to the fixed costs of manufacturing cars. Remember, black cabs have to conform to a very stringent set of regulations, which an average off-the-shelf Corolla simply won't fulfill.

[@theDaveBaxter]

Am trying to become a taxi driver in my local town. Obviously we don’t get Blue books etc… What’s the best way of learning the streets? Should I drive point to point (I have a list of all POI in my town). Or is their a better way? I know my way around and could tell you how to get to any POI but I don’t know street names.

[@leebrown3895]

the standard have always gave taxis negative press..The goverment should be supplementing the cost of taxis, like they do in other countries, then the fares would nt have to go up.

[@waynegray2284]

Its snow or raining as I can see out of your window p.s you aright the meater should be higher as lease it should be starting at £5

[@isaactimmins8959]

it's a tricky time for all but you cabbies are an asset especially the other day with a akward bag one of your colleauges in his TX4 expertley delivered me to Euston, it was woth the extra little bit, cabs are also one place where the tip is a common courtosey I do even in ubers i at least round my fare to give my chaufer a little boost,

[@kellyheppleston7157]

Well explained Tom. Cheers

[@pogglefishii6807]

When did this country forget the notion of a fair day’s pay for a fair day’s work? In my book that means that wages at least keep up with inflation.

[@justeatingbigmacs]

inflation is running at 10% so that means you’ve had a pay cut

[@joncurtis199]

Lets not forget if you have a pay increase of 10% you still lose tax. So in real terms you are still less well off.

[@Youj510]

If the meter does go up a lot I think less people is not gonna use black cabs and as they won’t afford it they will just use cheaper transport like taxi companies with fix prices et

[@joncurtis199]

Which means black cabs have to put up their rates to make their own ends meet, which means less people use them, which snowballs and ends badly for the drivers

[@TomtheTaxiDriver]

It’s not life changing money, but perception. Ultimately life has gone up a lot due to inflation, so we are losing money

[@truebrit3578]

London cab drivers are competing for many of their fares against the tube and buses. As that improves (the addition of the Elizabeth line for example) life for taxi drivers gets harder and harder. Each time that happens the pool of people using taxis polarizes more and more to business people (who can expense the ride) and tourist who are less aware of the transport options. Another problem is that if black cab numbers decline, they become harder to find and people use other alternatives. In reality cab drivers need traffic reduced in London so that cabs can move more easily and efficiently. However finding a cab driver who supports the Mayor of London’s efforts to do that isn’t easy.

[@CaboloNero]

@@truebrit3578 the same mayor who licenses over 400 new PH drivers every week wants less cars on the road yeah? That mayor?

[@truebrit3578]

@@CaboloNero over a quarter of a million for hire cars in the capital, a quarter of which are taxis so the number is hardly surprising. And one private hire car on the streets reduced the total number of vehicles. Other changes made by the Mayor have made people think twice about using cars but whats the response from taxi drivers. Normal right wing nonsense

[@charliewhu66]

Another great video Tom. Waiting for the day I hop in ur cab and get that subscriber discount 😉

[@ajs41]

Have London taxi fares ever gone down? Not being sarcastic, just interested.

[@harrisonjames7489]

I don´t want an increase. I want an Expense Decrease. Better for me and better for the passenger. As for Bus and Tube fares, they´re subsidised by the tax payer so they can rely on that , hence the passenger not having to pay much more.

[@baz041268]

Super video the truth and nothing but the truth keep up the brilliant videos tom

[@AaronD_]

9:30 choo choo

[@anthonywhite721]

TFL I can’t not stand them. I am a pco driver & just work the airports for transfer companies. Hi, pick people up who moan about the price of their transfer from Gatwick to Hammersmith and I always say if you can afford a holiday you can afford to get home .

[@john-gr8in]

Tom, do people really use black cabs during night shift hours (10pm-6am). Friday and Saturday yes I can understand, but the rest of the week I couldn't imagine anyone using a black cab, where would they be going and coming from I'm curious to know

[@listey]

You may underestimate how hard people work. One of my mates had a grad job and in the first year only left work three times when the tube was still running. Was she expected to walk home?

[@john-gr8in]

@@listey No, not at all. If a taxi is the only form of transport available, then of course you would get a taxi. I just do see how there's that many people out getting a taxi between 10pm - 6am mon-fri. What on earth was your friend doing for work to be working that late.

[@mohamedboudiba4604]

I believe that only solution is a total strike of all London cabbies that will force tfl to rise the fares

[@80skid83]

If it goes up too high , then they will be priced out

[@michaelorton6808]

ace keep it comeing.

[@richardtalbot8769]

as a punter i don't see the increases as i am out of town - i used to travel in the weekdays but now all trips are at weekends. I have noticed a few black cabs recently pull up and say the meter is broken i'm taking cash tonight only, one that took me to Paddington his minimum tip on his chip and pin was 20% and one guy who was a bit odd with me i took my blue asthma inhaler in the back of the cab and he told me not to take drugs in his cab, i explained what it was and got told its a drug. is this just normal now?

[@nuckythompson835]

Stop talking bollocks mate. No way taxi drivers are telling you that their meters aren’t working! Also you can opt to not give a tip? Stop fishing.

[@richardtalbot8769]

£18 fare normal round it up £20 but the only option on his device was 20% - it has happened to me twice outside Liberty's on Saturday nights - maybe its their way of saying I don't want the fare.

[@nuckythompson835]

Then it can’t have been a tfl approved card machine. They don’t start at 20% they start at 5%. So next time take his badge number and report it. Also with the drivers outside liberty take badge numbers and report them. Take photos of the plate at the back and report. I’m a green badge and if this is the case then it’s disgusting.

[@cyrusochsenfeld496]

hi tom, how are you doing today

[@Gecko....]

Like farmers and fishermen all taxi drivers do is bloody complain. It's obviously still very worth doing and at least you get pay rises, look at the poor public sector.

[@80skid83]

Public sector? You got to be kidding me ? The most secure jobs which can be done remotely now

[@ZDProds-c8p]

better than nowt

[@puppet-head]

So uber time then 😂

[@TomtheTaxiDriver]

Their prices are pegged to our meter. So you’ll be paying the same amount irregardless.

[@jaklg7905]

Nah, as a solo, female traveler, I would pick a London cab over Uber every time.

[@muzzshake7873]

Get rid of uber and ride sharing app cabs drive will mack are lost more money the black cab is the dad of London.

[@paul_my_plumbs_uk]

TFL TOTALLY F##CKED LONDON 😂😂 What was criminal was taking away the 40 pence extras per person not only did you lose the extras but the round up on top i. E 3 passengers 80p extra £6.40 fare give me a receipt for £7 please driver loss of 80+60 add them up over a month 🤔🤔Minimum fare £5/6

[@Azpep]

Oooo it's snowing where you are!

[@tam8197]

wheelchair users will be left high and dry, with next to zero cabs available in most of the country. they are just too expensive.

[@BLX187]

Long hair makes you look like tin tin

[@andrewstorm8240]

Taxis are expensive, Uber has risen their rates as well

[@anoushka221]

Everything is expensive these days

[@garymillard04]

Evening standard always bashing black cab drivers. £100k for a vehicle that lasts best 5 years before it becomes a ticking time bomb because of the battery. That's £20k a year a driver has to find. Before fuel. Before licensing fees. Or even coming to work

[@leshoath3396]

How does anyone make direct contact with you?

[@TomtheTaxiDriver]

What do you mean?

[@leshoath3396]

@@TomtheTaxiDriver As a suburban taxi driver since 1974, I have been reviewing the tariff for many years, as far back as 1983, and would like to send you a 6-page MS Word document that I have drawn up regarding this year's tariff. If you could let me have your email address I would be happy to send it to you as an attachment.

[@shahd501]

Dirty diesel 🎉

[@sentinel80]

How about a 20% rise but cancel all tipping ? Would you go along with that ?

[@thechriswhewell]

As a taxi driver myself, I'd take that in an instant. I think people imagine cabbies to be swimming in their tips. I would think maybe 10% leave any tip nowadays, as most payment is made by card, and everyone 'forgets' to tip the driver.

[@sentinel80]

@@thechriswhewell that’s fair enough but do you think drivers deserve to o be tipped and why ?

[@CaboloNero]

Everyone has forgotten their glasses and can’t read the screen when it comes to paying

[@nuckythompson835]

No one “deserves” to be tipped but we work in a hospitality trade. You tip at restaurants when you pay £40 for a steak but not on a £20 job to get you safely home?

[@thechriswhewell]

@@sentinel80 I don't think I deserve to be tipped. I'm horrible to most of my customers and lucky they don't set about me most days. I'm joking of course, but a lot of the time, I'm not just a taxi driver. I might be a local guide. I might be a comedian. I might be an analyst or cousellor. I might be a personal assistant, and occasionally, I'm someone that knows when to keep quiet. I'm a helper to the physically less able, and I'll wait while someone vulnerable gets into their house and waves to show they're home and safe. It's about customer awareness and service, and most of the time, I'm trying to do that. Many drivers would deserve a tip for suggesting a better route for a customer when heavy traffic would delay them. I've searched cheaper alternatives when people have a long journey to make and have missed a train. Both of these would mean I would get paid a lot more if I just stuck to the route expected, and in foregoing that, maybe enough to get a drink is a bargain for the customer. Some tip. Some don't. But good service has never been a reason to stop using that cabbie, whereas bad service often is.

[@Gordon..]

More tax free cash in the pocket

[@cheifwhat]

Only rich people use black cabs anyway

[@FatUglySadMan]

If you say so.

[@hwgusn]

I would’ve assumed the base rate was over £5.

[@SuperRomanHoliday]

isn't that 100k for an electric cab mate?

[@TomtheTaxiDriver]

Yea… that’s what I said

[@MattiLiljaniemi]

Bus fares shouldn't go up, because Londoners can't afford it. But taxi fares must go up, because... And picking out Pret with 19 %. How about nurses with 5 %? 7,6 % is pretty much the average for the whole country, across all of the private sector. I don't see how cabbies are getting a worse deal than pretty much all the rest of us.

[@TomtheTaxiDriver]

Because nurses don’t have to buy and run one particular vehicle to complete their job

[@leebrown3895]

and dont pay for outgoings that have gone up more than 7.6 pc

[@alancrane]

Hi Tom, it's Alan here. I think your problem is you invested in electric cars. These are a con. Hope you are well and will survive this!

[@aldhous]

Wish I'd been offered a chance to "recoup my losses" from the pandemic. Jesus. Wish I had any pay rise resulting out of the cost of living crisis. Tube, NHS, Royal Mail... down tools and get action. Lucky them. Sympathy low on this one I'm afraid. We're all struggling.

[@TomtheTaxiDriver]

Difference is the tools and costs to complete my job are going up. Unlike pret, restaurants or other self employed people, I can’t raise my prices. Only bow down to what the meter says.

[@aldhous]

@@TomtheTaxiDriver I get that mate. My argument isn't really with you - more the strikers who seem to think a pay rise (with no noticeable increase in cost of work) is something owed to them. And I think Pret is an outlier, although their honey granola pot is an absolute winner. Ultimately it's all supply and demand innit, and the market will find its price in the private sector.

[@miniaturesteamnick]

@@aldhous ‘no noticeable increase in the cost of work’… so petrol, train fares, food, clothing, energy haven’t gone through the roof? Really struggling to understand where you’re coming from here. Out of interest, what industry are you in where you cannot recoup your costs or expect any kind of pay rise to keep your living standards in line with where they were before

[@aldhous]

@@miniaturesteamnick Name me the increase in the cost of being able to work (not the cost of living) for a tube train driver. You're missing the point anyway - in a recession or economic downturn, if a wage keeps up with inflation it's a privilege, not a right.

[@miniaturesteamnick]

@@aldhous cost of living is the cost of being able to work. Dead people can’t work

[@smashyrashy]

Ungrateful

[@TomtheTaxiDriver]

That inflation is eroding my earnings? I would call it noble to be working for less

[@80skid83]

He's speaking the truth

[@thescotsmantechnologyrevie2138]

Why is your skin always sore around your nose?

[@TomtheTaxiDriver]

Acne. No idea why it flares up. Only thing that reduces it is antibiotics

[@MrGrunter0]

Bit rude fella.

[@dsgbMusic]

@@TomtheTaxiDriver Try a food intolerance test which checks immunoglobulin G (igG) response against numerous food allergens. I had one in 2015 (Lorisian Laboratories which tested 150 allergens) via a qualified nutritionist and the results were very revealing and more systematic than hit-or-miss dietary elimination. This could be a reaction to something you're eating.

[@thescotsmantechnologyrevie2138]

@@TomtheTaxiDriver Ah! Reason I asked is that I had the same thing and the quack gave me something to fix it up. Some kinda acne pill medicine