How Much Does a Black Cab Driver Earn?

Answer

A London black cab driver can earn around £150 per day, or £250 per night. However, some claim earnings to be less than the National Minimum Wage, and some claim to earn over £100,000.
Q&A Related to "How Much Does a Black Cab Driver Earn"
My best friend is a "cabbie" he has had his bagde for 18 months and is 23. He is set for life, he has a mortgage a nice house, never skint. He leaves his house every morning
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As Tim says, it is The Knowledge that makes us unique. A couple of extra points to his answer. The Knowledge is not one test but a series of ongoing assessments (I took 15, which
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You have to have "The knowledge" and this takes time and money to acquire sometimes a lot of time. I don't think these guys would go to all that trouble unless it was worth
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As many are self employed they can earn a lot of money. the average fare from Central London to Heathrow is £55-£60. it takes about an hour to get there. You can pick
http://answers.yahoo.com/question/index?qid=200710...
2 Additional Answers
The average income for cab drivers in the UK is £13,796. This pay rate does not distinguish on race or color of the cab drivers since the UK provides an equal job oppurtunity for all. See this link for more information: http://www.thisismoney.co.uk/money/article-1709243/UK-salaries-2010-301-427-highest-salaries.html
Most cab drivers put in a 40- to 50-hour week and earn around £23,000 after expenses. It's not a cheap business to run. A new vehicle costs £28,000, insurance £1,600 a year, garage fees another £1,300 and then there are repairs on top of that.
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