| Log in
Photo Credit: Reuters
TMT

Uber loses licence to operate in London

22 September, 2017

London stripped Uber on Friday of its license to operate from the end of next week in a huge blow to the taxi service and 3.5 million users in one of the world’s wealthiest cities.

The capital’s transport authority said the Silicon Valley technology giant was not fit and proper to hold a private vehicle hire license and it would not be renewed when it expires on Sept. 30.

Uber, whose 40,000 drivers in London account for a third of private vehicles hired, said it would contest the decision and regulator Transport for London (TfL) will let it operate until the appeals process is exhausted.

”Uber’s approach and conduct demonstrate a lack of corporate responsibility in relation to a number of issues which have potential public safety and security implications,“ TfL said. ”TfL must also be satisfied that an operator is fit and proper to hold a license.

Specifically, TfL cited Uber’s approach to reporting serious criminal offences, background checks on drivers and software called Greyball that could be used to block regulators from gaining full access to the app.

“Transport for London and the Mayor have caved in to a small number of people who want to restrict consumer choice,” said Tom Elvidge, Uber’s general manager in London. “We intend to immediately challenge this in the courts.”

The loss of the license comes after a tumultuous few months for Uber, including a string of scandals involving allegations of sexism and bullying at the San Francisco-based start-up that forced out former CEO and co-founder Travis Kalanick.

Like this report? Sign up for our daily newsletter to get our top reports.


Leave Your Comment
Lyft eyes London entry as rival Uber banned

Lyft eyes London entry as rival Uber banned

Reuters 2 months ago
Lyft, Uber’s closest U.S. rival in the taxi-hailing business, met repeatedly...
Uber appeals decision to revoke its London licence

Uber appeals decision to revoke its London licence

Reuters 1 month ago
lodged a court appeal on Friday to overturn a decision by London’s transport...
Uber's European policy chief Christopher Burghardt quits

Uber’s European policy chief Christopher Burghardt quits

Reuters 1 month ago
Uber’s European policy chief Christopher Burghardt has quit to join the...
No Comments

Uber loses licence to operate in London

Powered by WordPress.com VIP