Nicholas Monteith, 51, bought minicab company Mornington Cars in 2008 as a business venture alongside his 25-year career as a Japanese equities salesman.
But in 2009, Mr Monteith found himself jobless after a widespread City cull following the global economic crash.
He soon took on full-time duties at the taxi company, (minicab firm) based in Millbrook Place, Mornington Crescent - manning the company telephone lines and personally delivering leaflets to businesses across Camden.
Since taking ownership of the business, Mr Monteith has increased the firm’s fleet of cabs (no, not cabs, that's not allowed, they're minicabs) from 12 to 35 and is determined to continue the expansion up to 100 cabs (again, not cabs, minicabs) or more.
Reflecting on his transition from high finance to mini cabs (nearly right, but it's minicabs), Mr Monteith said: “Running a taxi firm (once again it's not a taxi firm, it's a minicab firm) is less stressful than working in the City, you don’t have the constant pressure on you.
“But I do miss the City and I do want to get back in. I know it’s going through a bad patch at the moment and there’s no hiring so while it goes through this patch, I’m happy growing my taxi firm.” (ITS NOT A TAXI FIRM)
Editorial Comment
Hope before you go back to the city you learn the difference between Japanese equities and Chinese take-a-ways.
Surely as a licensed operator and before he got his licence from LTPH, someone would have explained to him the terms and conditions of the private hire act 1998.
Parliament took a lot of trouble ensuring that the public would be protected from misuse of the Term Taxi, Cab and their plurals. Therefore it was included into the Parliamentary legislation to stop the public being deceived by unscrupulous persons.
Now it seems TfL and LTPH are allowing operators to go against Parliament's wishes. The last person in this country to go against Parliament, was Charles 1st and they chopped his head off.
Now, no one's asking for anyone to be decapitated, but someone needs to point out to Peter Hendy, Leon Daniels and Helen Chapman, their responsibility to uphold Parliamentary legislation.
Especially as Peter Hendy is now Sir Peter.
We like what Chris the cabby had to say about the article in the Ham and High..
Source http://www.hamhigh.co.uk/news/old_etonian_ex_city_stockbroker_has_ambitious_plans_as_camden_taxi_mogul_1_2322565