In the highly regulated transport sector, a taxi or private hire license is a commercial asset of significant value. It is the legal instrument that permits an individual to operate within the trade. However, this asset is precarious. It is held at the discretion of the Licensing Authority (local council or Transport for London), subject to a

 In the highly regulated transport sector, a taxi or private hire license is a commercial asset of significant value. It is the legal instrument that permits an individual to operate within the trade. However, this asset is precarious. It is held at the discretion of the Licensing Authority (local council or Transport for London), subject to a

 In the highly regulated transport sector, a taxi or private hire license is a commercial asset of significant value. It is the legal instrument that permits an individual to operate within the trade. However, this asset is precarious. It is held at the discretion of the Licensing Authority (local council or Transport for London), subject to a

 In the highly regulated transport sector, a taxi or private hire license is a commercial asset of significant value. It is the legal instrument that permits an individual to operate within the trade. However, this asset is precarious. It is held at the discretion of the Licensing Authority (local council or Transport for London), subject to a

 In the highly regulated transport sector, a taxi or private hire license is a commercial asset of significant value. It is the legal instrument that permits an individual to operate within the trade. However, this asset is precarious. It is held at the discretion of the Licensing Authority (local council or Transport for London), subject to a