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Uber Suffers A Major Blow As It Loses Its London License

In a serious blow to its business, Uber has had its application for a new operating license in London rejected by regulators. Regulator Transport for London told Uber on Friday that it is “not fit and proper to hold a private hire operator license” and therefore will not grant a replacement when the current one expires at the end of this month. Uber has 21 days to appeal the ruling and can continue serving riders during that time. Uber says it currently has more than 3.5 million Londoners using its service, and around 40,000 drivers who make a living from it. Uber’s London operation came under fire in August, 2017 when it was accused of failing to report directly to police a string of serious crimes allegedly committed by its drivers.
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