Taxi firms announce merger

TWO major Yorkshire taxi firms have agreed to merge.

Sheffield-based City Taxis will be acquiring Mercury Taxis from June 1. The combined business – to be known as City Taxis – will have a fleet of more than 1,400 drivers. Existing fare structures will remain unchanged.

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The development comes after City Taxis recently switched to new headquarters and offices at Waterside Court, Attercliffe, Sheffield, from its long-time home at Manor Top in the city.

Arnie Singh, managing director of City Taxis, said: “At a time when competition for business within the taxi industry is increasing, this merger and consolidation is a significant and important move for both companies. It also provided a suitable exit route for the shareholders of Mercury Taxis in light of their desire to retire from playing an active role in the business.”