Transportation
London Dumps Uber
The city vows to revoke the ride-hailing giant’s license, citing public safety concerns. But the legal battle may be only starting.
It’s all over for Uber in London. This morning, Transport for London, the city’s transit body, announced that, in response to concerns about the company’s “lack of corporate responsibility” it would not renew Uber’s license to operate in the city.
Uber has 21 days following the September 30 expiry of its current license to try to overturn the decision. If its appeal is rejected, Uber’s 40,000-odd drivers will lose their right to operate on London’s streets within a month. For one of the world’s most successful tech companies, it’s a major setback, to say the least.