- Reference: 2017/3474
- Question by: David Kurten
- Meeting date: 14 September 2017
Why have TfL ignored the conclusions of the Jacobs Report which states that: "Virtually all taxi drivers are self-employed and would therefore have to bear the cost of a new vehicle themselves while at the same time seeing the value of their present taxi diminishing. With a new zero emission vehicle costing approximately £40,000, and a high proportion of drivers over the age of 50, there is a risk, even with mitigation, of an exit of drivers and vehicles from the market. Taxi drivers with older vehicles can: invest in new vehicles, including second hand that meet the age limit...