Since November 2013, our policy has been to allow only brand new vehicle to enter the taxi fleet which can park on the ranks (Hackney licensed vehicles). This was intended to reduce the size of the fleet and to raise standards.
In tough economic times, the trade said that most taxi owners cannot afford the extra £15,000 it costs to buy new, rather than up to 3 years old (the previous limit)
I agreed to consider alternative ideas at a meeting next month and to take new proposals to next committee in June. We do want to improve the quality of our taxis, but don't want to force drivers out of business in such hard economic times.