The number of taxi driver licenses held in London continues to fall despite the recent boom in business following the pandemic lockdown.
According to data from Transport for London (TfL) there are now 19,356 taxi drivers in the capital. Of these, 17,214 hold all London licenses.
At the start of the pandemic, the number of registered drivers in April 2020 stood at 22,337. All London Green badge holders fell by over 2,000 license holders.
A big shake-up in driver recruitment is now expected, as an ongoing review of London’s Knowledge Modernization is expected to be revealed soon.
LTDA Senior Representative Sam Houston said in TAXI Newspaper“The latest figures I’ve seen show that the number of drivers continues to decline by around 6% per year, which is of course a big concern. The number of drivers is just one way to measure the success of our business.
“I’ve always looked at it in a traditional sense of ‘turnover’ (meaning the collective amount of money we all make per year) and it’s possible that individual drivers who are currently working are touring more now than before the pandemic. However, the numbers don’t lie and there must be many more candidates on Knowledge to replenish the “ranks” (see what I did there) of taxi drivers who work regularly.
“There is no perfect number of drivers to aim for, as there are a lot of unknowns and external factors that affect the level of activity. For example, we never know how many drivers are part-time or full-time, and no one can predict economic events that have a massive impact on driver activity like pandemics, wars, or recessions.
“A business like ours that’s an on-demand service can experience a big swing in demand, so it might seem quiet for a while with lots of yellow lights, then suddenly everyone wants to move in at the same time. time and there aren’t enough empties.
“Economically, the outlook is still uncertain at best, so the last thing you want is to flood the streets, but there are so few applicants on Knowledge right now, that those numbers of layoffs aren’t going to only in one direction, and it’s further down unfortunately.