Wednesday 30 September 2015 9.21am
Black cabs are not a "monopoly cartel", they are the antithesis of that.
A Black cabbie has to buy or rent his cab, works for himself, takes all the profits as an individual capitalist and is licensed to ply his trade as a tested driver, knowledgeable and free of criminal convictions.
His cab has to undergo strict annual testing.
I would suggest, JGarcia, that you observe Oxford Street and even The Cut
to see exactly how popular Black cabs are. I have counted over 24 cabs in the constant traffic jams we now get on The Cut
(thanks to your libertarian and capitalist Boris).
I do not believe there would be as many plying their trade if there were as few customers as you assert.
I use both minicabs and black cabs, I always know what I will pay in a black cab but minicabs are a mystery to me as to how they calculate fares.
I prefer black cabs.