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UK cab trade debate and advice
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PostPosted: Sat Jan 06, 2007 1:15 am 
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Joined: Fri Jan 05, 2007 12:58 am
Posts: 1
Hey guys I was hoping some of you could offer me some guidance with regards to owning my own taxi?

I have sevral family members who rent hackney cabs in both Liverpool and Knowsley and they are constantly complaining about the rates. I have some spare cash and I was thinking about investing in a taxi or two.

This way they get a nice rebate on the average settle and I could earn more than if my money was just sat in the bank.

However I'm unsure where to start and how much it's likley to cost me. Any advice or guidance would be most welcome!


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PostPosted: Sat Jan 06, 2007 9:13 am 
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Joined: Wed Sep 03, 2003 7:30 pm
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Location: 1066 Country
keenlearner wrote:
This way they get a nice rebate on the average settle and I could earn more than if my money was just sat in the bank.

However I'm unsure where to start and how much it's likley to cost me. Any advice or guidance would be most welcome!

You could earn more money than the % you would get from the bank, or you could put it all on red down in the casino. :wink:

You might be OK in your manor for a little while, but people investing in plates in these areas have lost the lot in the last few years. :shock:

53 Councils who have changed their policy from Quantity to mainly Quality control.


1. Adur. Unofficial Quantity control policy WAV only. Needs to be legally defined.
2. Amber Valley. Changed policy to quality control July 2004. Error in DfT Stats of March 2004.
3. Ashford. Removed restrictions on 3/3/05, quality control.
4. Basildon. Implementing new policy of no restriction 1/4/05 Quality control
5. Bassetlaw. Quality control WAV only.
6. Cardiff. Voted to lift numbers control On 14th January 2003. The new policy was subject to a failed legal challenge by a vested interest who controlled 58 vehicle licences amounting 12.08% of the total Taxi fleet of 480.
7. Castle Point. Changed policy 6/1/03 Quality control.
8. Chelmsford. Decision to lift numbers control made on January 26th 2005. Quality control.
9. Cherwell. Policy changed to Quality control.
10. Conwy. No restriction on numbers, Quality control, Wav only.
11. Copeland. Issuing 4 licences in 2006, 3 in 2007 and totally removing numbers control on 1/1/08.
12. Crawley. Lifted numbers control September 2002 Quality Control.
13. Denbighshire. Have lifted restrictions with no stipulation of wav requirement.
14. Easington. Changed policy to quality control in late 2005. Currently considering vehicle types?
15. Eastleigh. Voted on 21/6/05 to remove numbers control in favour of quality control. Effective 1/7/05
16. East Lindsey Quality control.
17. East Northants. Quality control. Should not have been included in the OFT or DfT restricted statistics. Changed policy March 1997.
18. East Riding. Lifting numbers control on 1/4/05.
19. Fylde. Removed restrictions 8/3/05, Quality control.
20. Gosport. Removed restrictions on 16/3/05 Quality control.
21. Great Yarmouth. Voted to remove limit on numbers 22/12/04 Quality control.
22. Guildford. Lifted numbers control in June 2004
23. Gwynedd. Removed restrictions October. Proposing grandfather rights for incumbent proprietors.
24. Ipswich. Changed policy on 8/4/05 Quality control.
25. Kerrier. Now Quality control. Should never have been in the OFT or DfT restricted list. Changed policy in 1974.
26. Kettering. Quality control. Implementation 1/4/05
27. Kings Lynn. Survey complete. Committee voted in October to remove Quantity controls.
28. Luton ua. Voted on 8/3/05 to lift quantity control in favour of Quality control, Subject to legal clearance.
29. Merthyr removed restrictions 1/12/04 new policy Quality control.
30. Middlesborough ua Quality control.
31. Mole Valley. Change of policy Feb 2005 from quantity control to quality control.
32. New Forest. Committee voted on 18/9/05 to remove numbers control on 1/4/06. Quality control.
33. North East Lincs UA. Quality control.
34. Reigate and Banstead. 30/6/05 full council voted to remove restrictions, quality control.
35. Selby. Quality control WAV only.
36. Slough UA. Quality control.
37. Solihull. Voted to lift numbers control on 4/4/05
38. South Bedfordshire. Lifted numbers control on 9/3/05 quality control policy already in place.
39. Southend on sea ua. Change of policy to quality control on 23/2/06. Yearly issues of 8, 10, 12, 14, licenses, followed by complete de-limitation.
40. South Ribble. Resolved to de limit numbers on 7/3/05.
41. South Somerset. Quality control.
42. Stratford-upon-Avon. De-limited numbers June 2004. Q/C. Error in 2004 DfT T&PH report.
43. Swindon ua. Voted on 20/7/05 to remove restrictions in favour of quality control.
44. Thanet. Decided on 17/5/05 to remove restrictions and also create one Taxi zone.
45. Walsall. Removing restrictions 1/4/05 Quality control policy.
46. Watford. Last survey 2001. Voted to remove numbers control on 20/10/05. Successful legal challenge on consultation procedure has temporally halted the decision making process.
47. Welwyn Hatfield. Re-restricted in 2003 Set to remove restrictions on 11/4.06.
48. West Somerset. Quality control.
49. Wolverhampton. Removed restrictions late 2005 quality control.
50. Woking Gradual lifting of restrictions, quality control, full de limitation in April 2007. Decision to change policy taken Dec 2004. Error in DfT Stats of March 2004.
51. Wrexham. Removed restrictions on numbers.
52. Wycombe. Policy change July 2004. Quality control, Error in DfT data of March 2004.
53. Wyre Forest. Halcrow survey carried out, paid for by license holders. Decided on 18/5/05 to phase out numbers restrictions by issuing 10 new licenses immediately by ballot, 5 in 2006 and 2007 and completely remove numbers control in 2008.

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PostPosted: Sun Jan 07, 2007 2:04 am 
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Joined: Wed Mar 02, 2005 5:02 pm
Posts: 171
This is the greyest of grey areas, you really are best to avoid buying taxi plates. The threat of dereg is now imminent. It's a case of when, not if.

This is no longer a worthwile long term investment.

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