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The change would be the first in seven years since the hackney carriage tariff was last revised in the borough.

Several operators presented evidence of increases in the minimum wage, fuel, and vehicle insurance premiums, along with proof of other local authorities agreeing to fare increases across the country.

The single member decision was to allow a measured increase in taxi fares as follows: 

• a 25p increase in the meter drop of tariff one, taking the cost for the first 880 yards, to £3.75 (from £3.50)
• no increase in the meter drop of tariff two or tariff three
• an extra 10p for any person of more than one, taking the cost to 50p per person (from 40p per person)
• an additional 10p for items of luggage, or four bags of standard shopping, taking the cost to 30p per item of luggage (from 20p per item), providing it is handled by the driver

The price displayed on the meter at the end of the journey is the maximum that can be charged, and customers can negotiate a reduction on these costs.

Customers should not be charged more than the figure that appears on the meter.

These updated tariff rates strictly only apply for non-pre-booked fares. The private hire market is unregulated and should be agreed between hirer and operator at the time of booking.

Cllr Sue Markham, Portfolio Holder for Public Services, said:

“Many industries have experienced an increase in overheads in recent months, and the taxi industry is no exception.

“Operators have presented evidence of their rise in running costs from fuel to insurance premiums and other local authorities agreeing to fare increases.

“We understand the financial pressures residents may be facing, however, after careful consideration we feel it is only fair to update the tariffs drivers can charge and we have essentially kept the rise as low as possible.”

Copies of the new fare table can be made available upon request to the Licensing team via email or in writing to Licensing, Town Hall, Coton Road, Nuneaton, CV11 5AA.

If anyone wishes to object to the proposed increase, then they should write or email to Licensing at the above address before Tuesday, 21 March 2023.

If no objections are received, then the proposed fare table will come into effect on Monday, 3 April 2023.