Taxi fares are increasing today after this slight rise in price 7 years ago

Taxi fares are increasing today after this slight rise in price

You'll need a bit of extra cash in your pocket.

If you slept in this morning and are in desperate need of a taxi to beat your boss into work then you're going to need a bit more cash.

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For the first time since 2008, taxi fares have increased by a 4% margin as two standardised fare brackets, A and B, have been introduced.

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What this means is that regular fares will show a very slight increase of a few cent while the charge per kilometre will rise from €1.03 to €1.10.

The charge for any journey that's over 15 kilometre will also rise from €1.45 to €1.75 but any booking fees or charges for additional carried passengers will remain the same.

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It's not all bad news though as the standard rate charge, between 8am and 8pm, has been reduced to €3.60 from €4.10 while premium rates, on Sundays and Bank Holidays will be set at €4.