Skip to content
City AM
Main navigation
Download free app
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Banking
      • FTSE 100 Live
      • Tech
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • City of London BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Food inflation rises as ‘storm clouds gather’

      Basket filled with assorted fresh produce and gourmet foods, emphasizing a diverse selection for healthy living

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
      • The Punter
    • From our partners
      • The Morning Briefing: SBS x City AM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Roman Abramovich heads to European Court of Human Rights

      Getty Images logo on a smartphone screen, representing the companys digital media and stock photography services.

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      How London’s bakers have become the new mixologists

      London bakers crafting artisanal bread with mixologist techniques, showcasing innovative baking methods in a modern bakery...

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Newsletters
  • Latest Paper
  • ISA Guide
  • Sign In
  • Sign Out
  • My Account

black cabs

  • Cabbies face robotaxi squeeze as Addison Lee boss warns of ‘predatory pricing’

    Transport & Infrastructure

    London’s cabbies could be priced out of the market unless regulators step in to curb “predatory pricing” from deep-pocketed tech giants, the boss of Addison Lee has warned. Chief executive Liam Griffin said companies like Waymo, Wayve or Tesla risk undercutting traditional operators by subsidising fares to win market share, echoing concerns from the early [...]

    Getty Images logo on a building facade, symbolizing brand presence in the media and photography industry.
  • Uber drivers plot exodus as platform swerves ‘taxi tax’

    Transport and infrastructure

    Uber is staring down the barrel of a potential driver exodus as members of its fleet threaten to jump ship to rival apps or return to black cabs, following a new year contractual overhaul designed to swerve a huge VAT bill. Documents seen by City AM show a wave of fury in private messaging groups, [...]

    Shares in Uber tumbled more than five per cent in pre-market trading as earnings missed analyst expectations.
  • Uber prices set to soar as ministers introduce VAT crackdown

    Prices on ride hailing apps like Uber are set to soar, after the government ploughed ahead with a promise to apply VAT to online mini cab companies despite warnings from the industry that the move would worsen the cost of living. From Friday, private hire vehicle operators in London will no longer be able to [...]

    Uber Prius Bolt electric vehicles parked in a row, highlighting the companys shift towards sustainable transportation solu...
  • Cabbies spark new war against Uber on tax loophole

    November 20, 2025

    Cabbies have demanded Chancellor Racheel Reeves close a tax loophole used by Uber. Taxi drivers have written to the Chancellor asking her to make Uber pay the same level of VAT as black cabs, blaming lobbying efforts by the company for misleading the Treasury and the UK public on its perks.  The Licensed Taxi Drivers’ [...]

  • Black cabs stand ready to compete with Uber, but not in a race to the bottom

    April 24, 2025

    The London tax trade is a rigged market where app-based operators have enjoyed years of political indulgence while black cabs are subjected to an ever-tougher regulatory environment, says Mark White James Ford’s recent City AM column – ‘The London taxi trade is dying – and it’s not Uber’s fault’ – is less a diagnosis than [...]

Trending Articles

  • ‘It doesn’t work anymore’: Wealthy Brits snub UK property market in search of better returns

  • ‘Concerned but not surprised’: Three-quarters of UK landlords and sole traders miss digital tax launch

  • Associated British Foods shares slide as £10bn Primark spin-off confirmed

  • FTSE 100 Live: Stocks slump on renewed Iran threats; UK to be ‘pushed to brink’ of recession

  • Britain’s Potemkin economy

Subscribe

Subscribe to the City AM newsletter to have our top stories delivered directly to your inbox.

Subscribe
  • Got a story?
  • About City AM
  • Careers
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
  • News
  • Markets & Economics
  • Politics
  • Opinion
  • Life&Style
  • Personal Finance
  • City AM Events
  • City Winners
  • The Punter
  • Casino
  • City AM Puzzles

Follow us for breaking news and latest updates

  • Facebook
  • X
  • Instagram
  • LinkedIn
  • Newsletters
  • Advertising
  • About
  • Licensing
Copyright 2026 City AM Limited