Sussex Man wrote:
The problem with new entrants into our trade, is that when they are needed i.e. when trade is buoyant, the rest of the world is also busy.
However when things are crap, and new entrants aren't needed, we have thousands of them, cos the rest of the world is also crap.

Yeah. Thats life.
So, yet another reason to restrict by quality not numbers.
And Yes, Dusty, I totally agree the points you made. But London also has a whole bundle of rogue operators in the PH field, and that cant be right either. If all the PH in London were properly licensed Hackneys, what then? Would that be an improvement?
My opinion is, that it would be, and that there would, overall, probably be a lower number of cabs, as it would knock out many cowboys.
If there are 26,000 Hackneys now, and 40,000 PH, and assuming they are all making a living, then, excluding the "premier" market, lets say 10,000 vehicles, would we end up with a London total of 56,000 cabs? Because if so, surely they would all still be making the same living that they are at the moment?