Preston on Taxis

Peter Preston has a tirade against the London cab today in the Guardian. One thought:

The official mantra makes them a vital public service

Really? I always thought they were a private service. Regulated, to be sure, but privately owned, earnings depend upon the number of passengers and so on. Can’t quite see what’s public about them at all.

In

4 responses

  1. dsquared Avatar
    dsquared

    The monopoly they have on plying for hire within the Metropolitan Police district is publicly enforced.

  2. I love the research that went into that column – witness the first comment:

  3. Presuambly he means that they get all manner of priviledges, e.g. the congestion charge, their own lanes etc.

  4. I wonder if this guy has ever tried to get from King’s Cross to Waterloo on the Tube with heavy suitcases. When I lived in Bradford, the Intercity portions of the trip to Portsmouth Harbour were a snap, but I dreaded the clot in the middle that was London. Twenty quid to avoid lugging forty kilos of bags up and down escalators was well worth it, even when I was an impecunious student.
    And bearing in mind that becoming a London taxi driver is a fiercely competitive affair, with many more applicants than jobs, it would seem that the figure of 20,000 cabs is probably fewer than the market-clearing level (the monopoly serves to enforce this, of course).

Leave a Reply

Discover more from Tim Worstall

Subscribe now to keep reading and get access to the full archive.

Continue reading