According to data from the Department of Transport, the number of private hire vehicles and licensed taxis has increased in England and Wales.
The data reveals that as of March 31st 2011, there were 78,000 licensed taxis operating, which is a 3% increase on the figure recorded in 2009.
The data also reveals that the number of private hire licenses increased by 3% to 155,100 during the same timeframe.
The Department of Transport noted that the number of taxis has grown steadily over the past few decades, “with a faster rate of increase following the 1985 Transport Act which amended the circumstances in which a local authority could control taxi licences.”
61% of licensed taxis had wheelchair access and 31% of the overall total operated in London.
This is good news for the industry, although it is still tough on drivers with the increased cost of fuel, increased price results for a taxi insurance quote and high costs of maintaining the vehicle.
The government also revealed that road traffic as a whole was 3.6% higher in the last quater of 2011 compared with the same time in 2010.