How much does a London taxi cost per minute?

Question

In the middle of the afternoon?

Answer 1

Taxis in London are not charged (only) by the minute.

The actual rules are kind of complicated, but basically it comes to charging by the mile when the taxi is going above a certain speed, and by the second when going slower.

Taking this into account, the exact numbers are :

"# For each additional 149.8 metres or 32.2 seconds (whichever is reached first), or part thereof, if the fare is less than £14.80 then there is a charge of 20p

# Once the fare is £14.80 or greater then there is a charge of 20p for each additional 105.0 metres or 22.6 seconds (whichever is reached first), or part thereof"

(extracted from the official London transportation page)

If you need to know the fare of a particular taxi trip, you can always use an online taxi fare calculator, like www.worldtaximeter.com.

Answer 2

IT's both time and distance.  There's some details at http://www.taxifarefinder.com.  There is a page for London.