Uber will lose its license to operate in London at the end of the month
https://qz.com/1084797/uber-will-lose-its-license-to-operate-in-london-at-the-end-of-this-month-pulling-40000-drivers-off-the-road/
London’s transport authority has rejected Uber’s application to renew its license to operate private-hire vehicles in the British capital, it announced today. The ride-sharing firm has 40,000 drivers in the city, whose licenses will expire on Sept. 30. They will, however, be allowed to operate until all appeal processes have been exhausted. Uber has until Oct. 13 to appeal the decision.
Uber’s general manager in London, Tom Elvidge, said in a statement that its 3.5 million users in the city will be “astounded” by this decision. The company pledged to challenge the decision in court immediately. “If this decision stands, it will put more than 40,000 licensed drivers out of work and deprive Londoners of a convenient and affordable form of transport,” Elvidge said.