A report from Centre for London warns that the number of black cabs in London is dwindling and could lead to their disappearance by 2045. The decline is attributed to the rise of ride-hailing services like Uber and a sharp decrease in new licenses issued to black-cab drivers. Factors such as high costs of electric taxis and a complex Knowledge test deter new entrants. The report suggests that reforming the test and providing financial support for new drivers could revitalize the industry. Antonia Jennings, executive director of Centre for London, stresses the importance of preserving black cabs in the capital.
The stark warning from the thinktank highlights that unless urgent action is taken, London's iconic black cabs could completely vanish from the roads by 2045.
With the rapid decline in the number of black cabs, urgent reforms are needed to make the industry more appealing to prospective drivers.
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