Uber loses London licence as regulator says it is not ‘fit and proper’
‘Transport for London considers that Uber’s approach and conduct demonstrate a lack of corporate responsibility’
London mayor Sadiq Khan said he “fully” supports TfL’s decision not to renew Uber’s licence.
London’s transport regulator has declined to renew Uber’s licence to operate in the city, saying that it is not “fit and proper,” in the latest blow to the $68 billionn ride-hailing app.
Transport for London (TfL) said in a statement that it will not issue Uber a private hire licence after the expiry on September 30th.
“TfL has concluded that Uber London Limited is not fit and proper to hold a private hire operator licence,” the regulator said. “TfL considers that Uber’s approach and conduct demonstrate a lack of corporate responsibility in relation to a number of issues which have potential public safety and security implications.”
Uber has 21 days to appeal and continue to operate until the process is concluded.
London mayor Sadiq Khan said he “fully” supports TfL’s decision: “Providing an innovative service must not be at the expense of customer safety and security,” he said.
- Copyright The Financial Times Limited 2017.