The result will be to pedestrianise large parts of London's central area to the advantage of millions of tourists and residents and the disadvantage of thousands of furious taxi drivers and motorists.

ECONOMIST: Battle of Trafalgar

"Thousands of individual owner-drivers and hundreds of small-business owners in both the taxi and livery industries are breathing a sigh of relief, " said Michael Woloz, a spokesman for the Metropolitan Taxicab Board of Trade, a plaintiff in the suit.

WSJ: Court Nixes Taxi Plan

The taxi drivers said they paid in thousands of rand into his account after he had convinced them he would buy them new cars.

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