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Evening Standard
Evening Standard
Business
Rhiannon Curry

Addison Lee trims losses as London taxi demand recovers

Demand for Addison Lee’s services plummeting during lockdowns

(Picture: PA Media)

Addison Lee has trimmed its losses as demand for taxis in London picks up after a turbulent two years.

The cab company returned to an underlying profit of £7.9 million in the 12 months to August 2021, recovering from a £9.4 million underlying loss in 2020.

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