Just my opinion, but far too many taxis fighting for too few standings. If the taxi drivers were a bit more sensible and considerate to other road users they wouldn't be hassled by the authorities about their parking. Take a look around Rover Road (by Iceland) or High Street (by the service bays to Cathedral Lanes) and you'll see what I mean.
However, I don't think using the public as a weapon (It's only the public inconvenienced) is the best way of resolving things. As far as I'm aware, private hire services are operating normally, and regular taxi users may well switch their alliance to them.
Of course it'll fit; you just need a bigger hammer.