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1,000 New Jobs Thanks to London Taxi Company

Up to 1,000 new jobs are set to be created in the taxi industry in the coming years, after it was announced that a new £250 million factory is to be built on the outskirts of Coventry. The investment has been made by Chinese manufacturer Geely, owners of the London Taxi Company (LTC), who are the producers of the iconic London black cab.

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New electric cabs go on trial – the future of the London taxi?

Last week saw the first electric-powered black cabs hit the streets of London to go on a preliminary trial period in the city. Having been in development for the best part of the last ten years, the seven-seater taxis have a zero-emissions mode and run on two almost-silent electric motors.

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London black cabs win bus lane court case

It’s a reasonably difficult time for London’s iconic black cabs at the moment, with taxi app Uber amongst others providing stiff competition for fares. But there was some good news for the black cab this week, as it was ruled that they are free to continue to operate by using the Capital’s bus lanes. Private taxi firms, however, don’t have this privilege.

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Another Taxi Strike Brings London to a Halt

Traffic in central London was once again brought to a standstill last week, as members of the United Cabbies Group (UGC) coordinated a protest outside of Transport for London’s headquarters in Victoria Street and in Westminster.

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Uber’s Value Set to Hit $50 Billion

Cab-hailing app Uber is on course to become one of the most valuable venture-backed startup companies in history as its worth accelerates towards the $50 billion mark after a new fundraising push. It means that the mobile app’s value has grown by a huge $10 billion in just six months.

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London Black Cab Drivers Stage ‘Go Slow’ Protest

A protest on Tuesday brought famous London high street Oxford Street to a standstill for a number of hours, as black cab drivers in the capital made a stand against Transport for London bosses to raise awareness of the industry’s recent struggles.

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Ride-Sharing App Maaxi Launches in London

Competition in the London taxi market is fierce, with apps such as Uber and Hailo significantly changing the industry in recent months and increasing pressure on drivers of the traditional London black cab.

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Uber in the news for all the wrong reasons

Mobile taxi app Uber has made the headlines once again in the past few days, with a number of Californian taxi firms suing the company for false and misleading advertisements regarding the safety of its service.

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