Mick wrote:
This is why the union have a policy of increasing nubers to allow more plates gradually increasing numbers and gradually decreasing premiums.
As I've said umpteen times Mick, TGWU policy is just the minimum LAs are required to do under current law.
I think it's fanciful to suggest that this will decrease premiums. What about Manchester and Glasgow, for example, where premiums are rising apparently.
The whole test and these surveys are skewed in favour of the vested interests - the grossly distorted number of taxis pick and choose where to work, so punters in most areas have no choice but to phone for a cab - if there's no supply, there can't be any demand, ergo there can't be unmet demand - game, set and match to the vested interests!!
Look at Brighton as well, for example - almost the highest fares in the land, which will stifle customer demand - ergo less unmet demand, so no more plates!!!
But the same profits can be made with less work and less unmet demand because of the higher fares, which boosts plate values!
Dusty
