"The number of licensed black cab drivers has significantly decreased, dropping from 14,540 last year to just 13,784, marking a decline of over 5% in a single year."
"Approximately 23% of taxi and private hire users have disabilities, and government data indicates that disabled adults depend on taxis considerably more than the general population."
"Safety concerns are also rising as a reduction in the number of drivers means fewer options for passengers, particularly in the outer boroughs and late at night."
"Industry representatives warn that the repercussions of the declining black cab trade are already being felt across the capital, especially among vulnerable passengers."
The black cab trade in London is at risk of collapse, with a notable decrease in licensed drivers from 14,540 to 13,784 in one year. Industry leaders attribute this decline to rising costs and insufficient financial support, despite the Taxi and Private Hire Vehicle Action Plan aimed at modernizing the industry. Vulnerable passengers, particularly those with disabilities, are increasingly affected as the number of accessible transport options dwindles. Safety concerns are also rising due to fewer available drivers, especially in outer boroughs and late-night travel.
Read at London Business News | Londonlovesbusiness.com
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