London's black cabs 'are here to stay'

London's black taxis will remain for years to come, Ken Livingstone announced today.

London's 24,000 black cab drivers have been campaigning for the right to use vehicles other than the traditional TX1 taxi.

The drivers, already angry with the Mayor over his changes to night fares, were hoping a 40-year review would break TX1's monopoly, allowing them to run cheaper vehicles.

But the Mayor favours the traditional design - because of its unique turning circle which is vital for picking up passengers. The Mayor said his decision would "safeguard service quality".