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TAXI SALES STALL

LONDON black cab maker Manganese Bronze slumped into the red over the first half of the year as taxi sales slid despite a boost from the government’s car scrappage scheme. The group reported a pre-tax loss of £600,000 against a profit of £1.5m last year, while vehicle sales fell 11 per cent. Chief executive John Russell said drivers were unwilling to purchase new taxis because of the current economic uncertainty.