CONTROVERSIAL plans to lift a cap on the number of taxi licences could "drive cabbies out of business". That was the view of taxi drivers in response to a Conservative-Liberal Democrat coalition initiative to claw back £3.4m to balance the books.
It is part of the council's Growing Revenue and Cost Recovery Project, a scheme drawn up by accountancy firm Deloitte to look at ways to generate more income by reforming everything from waste management to advertising and sponsorship.
The document is yet to be finalised, but one idea includes uncapping the borough's Hackney Carriage licences, in line with other authorities and increasing the charges to generate an estimated additional £83,500.
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