In order to become a licensed London taxi driver, you must pass the difficult and gruelling Knowledge test, of which there is a 70% drop out rate and for which there are no study materials.
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Drivers who rent their cab rather than buy are paying anything between £180-£240 per week, depending on age and model of cab. This excludes fuel of course. Most put in a 40- to 50-hour week and earn around £23,000 after expenses.
The Knowledge of London test is renowned around the world for being one of, if not the, hardest taxi knowledge test in existence. Often referred to as simply, 'The Knowledge' aspiring London cabbies can expect to spend around 3-4 years of study before being able to pass the test.
London taxi drivers are licensed and must have passed an extensive training course (the Knowledge). Unlike many other cities, the number of taxicab drivers in London is not limited.
According to the National Careers Service, an experienced taxi driver working around 40 hours a week might expect to make around £30,000 per year. As a one-person business, it's largely down to you. If you're prepared to put in the hours and work at anti-social times, your profits could soar.
It turns out that to become a Black Cab driver in London applicants need to study for two to four years and during that time memorize an incredible 25,000 streets and 20,000 landmarks within a 25-mile radius of Charing Cross in London.
You will be tested on your knowledge of the Blue Book runs (five questions) and the major landmarks (points) along the way (25 questions). This is a multiple choice test and the pass mark is 60%. This test must be undertaken within two years of being sent your introductory pack.
Previous studies have shown that taxi drivers have a larger hippocampus compared to non-taxi drivers. This is interesting as this brain region shrinks and becomes damaged in Alzheimer's disease, leading to symptoms of memory loss and confusion associated with the disease.
Taxi drivers, as well as other professional drivers categories, may experience genitourinary disturbances such as voiding dysfunction, urinary infections but also infertility, urolithiasis, bladder cancer, also called “taxi cab syndrome”[13].
Traditionally referred to as 'Hackney carriages', London's black cabs may be famous throughout the world for their colour and elegant old-fashioned chassis design but, essentially, they operate like and serve the same purpose as taxis anywhere else on the planet.
They May or May Not Own Their Own CabDrivers can buy their cabs from sites like cabdirect.com, for example, or if they need to save up before buying one of their own they may rent out a vehicle for £150 to £200 per week. As you may guess in the long run, it is far cheaper to buy than rent.
Ridership is solid, and the number of drivers has declined in recent years. Before the pandemic, there were about 22,500 drivers of London's iconic black cabs, though at last count in March, their ranks had shrunk by about 3,000.
The number of new applications for black cab licences has dropped by almost 95% in a decade, from 3,484 in 2011-12 to just 221 in 2021. As a result, London Taxi PR, a group which promotes the historic industry, has launched the largest ever campaign to promote the Knowledge, and encourage new drivers.