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The Russian Hare

Uber shut down in London

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LONDON (REUTERS) – London deemed Uber unfit to run a taxi service on Friday (Sept 22) and stripped it of its licence to operate from the end of next week in a major blow to the US firm and 3.5 million users in one of the world’s wealthiest cities.

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

Uber, which has 40,000 drivers working in the capital, said it would contest the decision. Regulator Transport for London (TfL) said it would let Uber operate until the appeals process is exhausted, which could take months.

 

http://www.straitstimes.com/business/uber-loses-its-licence-to-operate-in-london

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seems like cab company greased politicians

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LONDON (AFP) - More than 600,000 people had by Sunday (Sept 24) signed a petition asking London transport authorities to reverse their decision not to renew Uber's licence when it expires.

Friday's decision to ban the ride-sharing service was "affecting the real lives of a huge number of honest and hard-working drivers" and would "show the world that London is far from being open and is closed to innovative companies", the petition said.

Transport for London said the conduct of Uber, which has around 40,000 drivers and 3.5 million customers in the British capital, had raised safety concerns.

 

http://www.straitstimes.com/world/europe/600000-sign-petition-to-overturn-london-uber-ban

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