Charlie the Paperlad wrote:
But if the OFT had conducted its investigations properly it would have found out the numbers without having to ask the DfT.
No - not all LAs responded to their survey, and they can't compel them to, so had to rely on DfT figures, it would appear.
But considering the purpose of the study, it doesn't really matter whether the figure was 100% accurate.
Also, they clearly couldn't do much more than they did, since even at £250,000 the Trans Comm were bleating about the cost of the study.
But that's just about the value of 5 taxi plates in Manchester, which of course the Trans Comm didn't highlight!
Incidentally, if our buddy who threatened civil disobedience in his submission to the Trans Comm was correct, and the total UK value of plates is around £1 billion, then even assuming a yearly carrying cost of 10%, that's £100 million out of consumers's pockets.
So from the OFT's consumer remit standpoint, they could have carried out almost 400 investigations before it became a waste of time!
Or the cost of the study was around a quarter of one per cent of the potential annual benefit!