Taxi Point iconTaxi PointSep 11, 2026

SPIKING FAST: Fuel price surge puts fresh pressure on taxi and driver earnings

Taxi and private hire drivers face another increase in operating costs after average UK petrol and diesel prices climbed sharply within the space of a week. The RAC said the average price of unleaded had risen by 5p a litre to 167.17p, while diesel increased by the same amount to 188.63p.

SPIKING FAST: Fuel price surge puts fresh pressure on taxi and driver earnings

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Taxi and private hire drivers face another increase in operating costs after average UK petrol and diesel prices climbed sharply within the space of a week.

The RAC said the average price of unleaded had risen by 5p a litre to 167.17p, while diesel increased by the same amount to 188.63p.

The organisation linked the increases to surging wholesale prices, with a barrel of oil averaging $96 during the previous week.

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Taxi and private hire drivers face another increase in operating costs after average UK petrol and diesel prices climbed sharply within the space of a week. The RAC said the average price of unleaded had risen by 5p a litre to 167.17p, while diesel increased by the same amount to 188.63p. The organisation linked the increases to surging wholesale prices, with a barrel of oil averaging $96 during the previous week.

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  • For taxi and private hire drivers covering high annual mileages, sustained fuel...

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