A report by the Centre for London warns that London's iconic black cab may disappear by 2045 unless changes are made to address declining trade. Key suggestions include simplifying the Knowledge exam and offering financial incentives like interest-free loans for drivers to acquire cabs. The Licensed Taxi Drivers Association believes the Knowledge is crucial for standard excellence but needs modernization to reflect contemporary operations. The report emphasizes the need for updated training processes, and TfL plans to publish a new action plan for black cabs’ sustainability in London's transport system.
The centre for London warns that the iconic black cab may all but disappear by 2045 unless significant changes are implemented to rejuvenate the trade.
Steve McNamara of the LTDA emphasizes that while the Knowledge is essential for maintaining high standards, it needs modernization to align with today’s needs.
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