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Home Business News Taxi fares in these cities set to go up by 37 per cent over the Christmas period

Taxi fares in these cities set to go up by 37 per cent over the Christmas period

by LLB Reporter
11th Dec 18 3:00 pm

Tempcover, the UK’s leading online temporary insurance broker, looked at the taxi fare price increases in the UK’s largest cities during the Christmas period which averages at a whopping 37% increase.

Taxi prices per mile and the increase over the festive period in some of the UK’s largest cities
*taxi fares are taken from data released by the official city councils

Location Average night taxi fare per mile Average taxi fare over the Christmas period per mile Percentage price increase per mile over the Christmas period
Leicester £4.92 £7.40 50%
Leeds £4.80 £7.20 50%
London £7 – £9.60 £11 – £13.60 42%-57%
Bristol £5.40 £7.40 37%
Edinburgh £5.35 £7.27 36%
Sheffield £8.70 £10.70 23%
Liverpool £4.95 £5.85 18%

 

Price increases in Leicester, Leeds and London average at 50% over the Christmas period, followed by 37% in Bristol, 36% in Edinburgh, 23% in Sheffield and 18% increase in Liverpool.

A more affordable way of getting home after a night out at Christmas is to insure a friend or family member with temporary car insurance.

Prices of temporarily insuring a friend or family member on your car
*prices are based on the Ford Focus Zetec

Location 1-day price 12-day price 28-day price
Leicester £26.59 £96.87 £168.50
Leeds £29.29 £101.28 £176.73
London £31.06 £111.23 £194.84
Bristol £26.50 £101.28 £176.73
Edinburgh £27.21 £85.29 £146.46
Sheffield £27.35 £80.78 £138.40
Liverpool £32.62 £178.06 £316.84

If you intend to travel seven miles or more over the festive period, temporarily insuring someone else on your car for one day instead of taking a taxi is already more affordable in some of the largest UK cities, excluding Leeds, Sheffield and Liverpool.

Location 1-day temporary car insurance price 7 miles taxi fare over the festive period
Leicester £26.59 £30.20
Leeds £29.29 £25.20
London £31.06 £40
Bristol £26.50 £27.20
Edinburgh £27.21 £29
Sheffield £27.35 £16.70
Liverpool £32.62 £20.25

 

“Price increases at peak times during the festive period can put a huge dent in your Christmas budget. Whether you’re taking the designated driver duties or need dropping home after a night out, you can get real value for money with temporary insurance from Tempcover.

You get flexible, fully comprehensive cover from just 1 hour up to 28 days and because it’s a standalone policy, it won’t impact the vehicle owners no claims bonus.”

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