Breaking news: Uber has lost its London licence. Good news for the Black Cab Drivers who have seen significant decline in their fares. Wonder if they will succeed with an appeal or if we'll see something new in its place?
Transport for London has denied Uber's request to renew its licence in London after determining that the car-hailing app is "not fit and proper" to hold a licence. The decision means that as things stand Uber will not be licensed to operate in the capital from Saturday September 30, when its current licence expires. The company said it intended to immediately challenge the decision. It has 21 days to appeal the move, and if it does so can continue to operate as normal until the challenge is finished.