captain cab wrote:
gusmac wrote:
Because they are struggling to make money.
I doubt if many of them actually want to become a baron CC but it only takes one or two to start buying out the others. Plate values are probably quite low at the moment - perfect for a carpetbagger to move in and scoop up a few before the price rises. If things are as bad there as reported, I dare say a few would happily sell up for the right price.
But they seem to have what would be described as quality controls in place......and they still cant make a living.
CC
Quality controls are OK, if they are brought in at the time of de-restriction, because it becomes a type of 'loose' barrier to entering the trade.
But if the quality controls are introduced years after de-limiting, in Brum's case 13 years after de-limiting, then that is harvest time for the multi owners. I won't use the term barons as I find it a little offensive in a capitalist society.
So what happens, & I can only quote Brum. For a start, very few multi owners in Brum have ever parted with money when acquiring new plates in the current climate. The desperate seller wants the best price, obviously, & the multi owners offer the best price, but only if you are continuing in the trade as a jockey. If you're not going to continue in the trade as a driver & are getting out, then the multi owners don't want to know.
So now a price of £XK has been agreed between buyer & seller. The multi owner buyer will even allow the seller to 'continue driving his cab' which ain't his cab any longer at a fixed rent of £X per week, which equates to X number of weeks 'rent free', but it ain't rent free.
And that's the way they do it in Brum.