Main Points

Deregulate entry into the market within 10 years and issue 350 licences annually in that period

Deregulate entry into the market within 10 years and issue 350 licences annually in that period

Allow hackneys to carry external signs, use bus lanes and use mobile phones and radios. However, uphold the ban on hackneys waiting at ranks or plying for business on the street.

Implement further fare changes including a night-time increase from 80p to 120p per mile, dropping charges for extra passengers and luggage and a two-tier fare system for journeys over 10 miles.

Controls on taxi fares and vehicle stands to be maintained

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Improve facilities at taxi ranks and subject vehicles to annual tests

Assess every taxi and hackney-driver annually to confirm he/ she is "a fit and proper person".

Consider introducing a tachograph, or speed monitoring device, into hackneys and taxis.