More red tape for Taxi Drivers

Local councils are considering imposing further legislation on Taxi Drivers, this is designed to crack down on rogue operators. This will have an undoubted impact on the running costs of both private hire and public hire operators. To help combat the increased costs cheap taxi insurance is available to assist in these tough economic times.

However even stricter regulation is unwelcome in a climate of the credit crunch a downturn in business and having to potentially pay for the privilege of these additional regulatory checks. Local government is proposing these checks will be completed every six months on vehicles of three years old or more.

Whilst the council's intentions are to improve overall safety, most taxi drivers are resentful that the large majority will be penalised for a small minority that disregard the rules.

Black Cabs to 'Go Green'

The Chinese co-owners of the firm which makes over half of London's taxis has been in talks with UK officials about replacing the current cabs with electric taxis.

For most automotive company's this is part of the ongoing strategy to cut emissions and deliver vehicles which are cheap to run and environmentally friendly. Although the purchase price of the cabs is likely to be higher than the current vehicles, running costs would be substantially lower.

The company whose share price was hit when a crop of their current TX4 vehicles was recently removed from service after engine fires, saw increases after the announcement. In addition to saving on vehicle running costs, you could also reduce your taxi insurance costs by visiting iQuote Insurance online today.