How Much Does a Taxi Make per Day?

Taxi Driver Earnings in the UK

Taxi drivers in London earn £3500 to £4500 monthly. In the UK, a taxi driver’s annual salary is £40,000 to £60,000. Taxi drivers in London charge £1 to £3 per mile travelled. Average taxi earnings in the UK range from £9 to £15 hourly, depending on factors like business and location.

Uber vs. Taxi Services in the UK

Uber typically costs less for longer, faster trips, while taxis are better for congested areas. In the UK, taxis start around £3-£4, a “minimum charge.” Fares then range between £1.20-£3 per mile depending on various factors. Taxi drivers can legally work 11 hours daily, with 30 minute breaks every 5.5 hours. Most work 8-12 hours shifts.

Challenges and Competition in Taxi Industry

Taxi driving can be stressful – long hours, little motion, back pain, evasive passengers. Small tips add frustration. Apps have made booking taxis easy. Competition is high, both from other taxi firms and ride shares. Prices and features entice users to new services.

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