Uber has Operating license withdrawn in London

jj23

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:ohhh:

Uber Loses London Operating Licence After Shock Ruling By TfL

Uber has lost its operating licence in London after a shock ruling by the capital’s transport body.

The ride hailing app will no longer be able to offer services in their current form within the M25, despite the firm claiming 3.5 million Londoners use its app each week.

Transport for London (TfL) announced its decision on Frid.

As many as 40,000 Uber drivers will potentially now be forced off the city’s streets.

Uber is the subject of fierce opposition from the GMB trade union and the Licensed Taxi Drivers’ Association.

The decision will stun the global taxi tech firm which is still reeling from a series of PR blunders, allegations of sexism, and the departure of its embattled chief executive.


This is a pretty big blow to Uber. It will be interesting to see how shares react to this news.
 

606onit

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Yall still got Addison Lee :pachaha:



addison-lee-courier.jpg
 

jj23

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Basically London invested a lot into the concept of safe cabs after a series of assaults on women occurred. You couldn't operate a taxi without vetting, and if you were caught operating an illegal taxi the penalties were stiff. Uber blew that out of the water, as background checks for uber drivers wasn't happening. London pushed back, and here we are.
 
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