Industry dynamics

Uber loses London licence on safety issues

Publishtime:1970-01-01 08:00:00 Views:26
The Uber banner hangs on the facade of the New York Stock Exchange, May 10, 2019. [Photo/IC]

Transport for London (TfL), the regulator of taxi and private hire services in the UK capital, said on Monday that it will not grant Uber a new private hire operator's licence due to safety reason. Uber's existing licence in London expires by the end of Monday. According to legislation, Uber now has 21 days to appeal, during which it can continue to operate until any appeal processes have been exhausted or withdrawn. In a statement, TfL identified a pattern of failures by Uber including several breaches that placed passengers and their safety at risk.