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Bolt

  • Uber wants your journey on tape as safety concerns mount

    Tech

    Uber is turning passengers’ phones into in-car recording devices as the ride-hailing giant introduces a new feature allowing users to capture audio during journeys amid growing concerns around safety and identity verification. From Thursday, riders across the UK were able to press record before or during trips directly through the Uber app, with encrypted audio [...]

    Shares in Uber tumbled more than five per cent in pre-market trading as earnings missed analyst expectations.
  • Fintech boss defends sacking entire HR department for ‘creating problems that didn’t exist’

    Tech

    US fintech Bolt has become the latest company to openly link job cuts and restructuring to AI, after chief executive Ryan Breslow defended scrapping the firm’s HR department during a recent round of layoffs. Speaking at a Fortune event Breslow said Bolt’s HR function had become counterproductive as the company attempted to streamline operations. “We [...]

    Modern computer workstation with sleek design, featuring dual monitors, ergonomic keyboard, and contemporary office decor.
  • HMRC fights to close Bolt’s VAT loophole

    Legal

    Ride-hailing platform Bolt faces the tax authorities in court today over how it calculates and pays its VAT bill. At the centre of this dispute was the question of whether Bolt could use the tour operators’ margin scheme (TOMS). Under this scheme, businesses only pay VAT on the profit margin they make between buying a [...]

    Electric Bolt car parked in urban setting, showcasing sleek design and eco-friendly transportation for modern city living.
  • Bolt expands London e-bikes ahead of Tube strike disruption

    April 20, 2026

    Bolt is expanding its e-bike network across central and west London ahead of a fresh wave of Tube and bus strikes, City AM understands, to try ease pressure on the capital’s strained transport system. The ride-hailing firm said its bikes are now available in Westminster and Hammersmith & Fulham, adding to its existing presence in [...]

  • Forest swerves TfL’s e-scooter trial

    January 15, 2026

    Major bike lenders are snubbing Transport for London’s e-scooter rollout as the capital’s micromobility players question regulations around trials. TfL opened the bidding for the next phase of its e-scooter experiment last week.  But major electric bike operators may snub the chance to introduce e-scooters into fleets of rental vehicles across the capital, City AM [...]

  • Uber prices set to soar as ministers introduce VAT crackdown

    January 2, 2026

    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 [...]

  • Bolt targets 100,000 driverless cars by 2035

    December 9, 2025

    Bolt is accelerating its self-driving mission with a new hardware partnership with Stellantis, it was announced on Tuesday. Together, both firms will deploy 100,000 autonomous vehicles on its platform within the next decade. Trials are to kick off across European hubs from 2026, placing the mobility platform ahead in the AV race. The deal will [...]

  • Bolt: Uber rival’s profit almost wiped out as legal battles drag on

    September 18, 2025

    Profit at the UK arm of Uber rival Bolt was almost wiped out during its latest financial year as it diverted considerable resources to its on-going legal battles. The online taxi firm has reported a pre-tax profit of £133,355 for 2024, down from the £8.2m it achieved in 2023. The business had previously made a [...]

  • Bolt vs Lime: Uber rival to launch e-bikes in London

    June 18, 2025

    Bolt has unveiled plans to introduce electric bikes in London this summer, challenging Lime’s near-monopoly in the capital. The Estonian ride-hailer, which is the largest e-scooter and bike provider in Europe, will launch its London service in August under close supervision from Transport for London (TfL) and local councils. The move makes Bolt the first [...]

  • Bolt: Uber rival appoints first UK boss

    May 8, 2025

    Bolt, the Estonian ride-hailing platform, has appointed a new UK boss in a sign of its intention to double down on its second biggest market. Kimberly Hurd will join as the company’s first senior general manager for the UK, following stints in the fintech sector and at the Indian food delivery app Zomato. Top of [...]

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