‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Uber taxi app could face fresh crackdown under a Labour government September 23, 2014 Taxi app Uber could face a much more hostile regulatory and tax regime if a Labour government is elected in 2015. Speaking at a fringe event hosted by the New Statesman at the Labour conference, shadow transport secretary Mary Creagh said her party would not tolerate "tax avoidance on a large scale" adding that Uber's [...]
Could it happen in London? One chart showing how Uber has impacted San Francisco’s taxi industry September 22, 2014 Beloved by punters, hated by rivals, taxi service app Uber has a knack of dividing opinion. The company has been the subject of an outright ban in Germany (which was later overturned), a gridlock protest from black cabbies in London and vociferous complaining from local taxi drivers in just about every one of the 45 [...]
Uber’s German ban just got overturned September 16, 2014 A judge in Germany has reversed a country-wide ban on Uber, the taxi app. The service had been told it could no longer operate in the country, but after an appeal Frankfurt Regional Court Judge Frowin Kurth decided the original complainants – other taxi companies in the country – had waited too long before they [...]
Uber Germany: Frankfurt court issues first injunction against taxi app driver September 11, 2014 Uber has suffered a fresh blow in Germany after a Frankfurt taxi operator won a temporary injunction against an Uber partner driver. The driver will no longer be able to offer services through the taxi app and was punished with a €1,000 fine. Furthermore, the driver could face a €250,000 fine or a six-month jail [...]
Uber Germany ban sees signups skyrocket 590pc in 24 hours September 3, 2014 If the German taxi lobby was breathing a sigh of relief yesterday after a Frankfurt court issued a temporary injunction against Uber banning it across the country, it isn't any more. Uber Germany has seen signups in Hamburg alone soar a whopping 590 per cent in the last 24 hours. Rather than shunning the San [...]
Uber taxi app banned throughout Germany after Frankfurt ruling September 2, 2014 In what may be the severest crackdown on taxi app service Uber seen so far, Germany has banned the San Francisco-based company from operating throughout the country after a temporary injunction was issued by the Frankfurt regional court. Uber will be subjected fines of up to €250,000 (£198,000) if it defies the ban. The injunction [...]
Uber dives into fast food delivery business with UberFRESH trial August 27, 2014 Not satisfied with providing taxi rides or delivering groceries Uber is trying its hand at the fast food delivery business, with a new service called UberFRESH. The taxi app claims it will be able to deliver food from local restaurants in 10 minutes or less. Unfortunately for Uber-loving Brits this service will only be available [...]
Lawmaker who voted to clamp down on Uber arrested for drink-driving August 26, 2014 In a delicious twist of irony, a California state senator was arrested on Saturday for driving under the influence of alcohol only hours after voting for legislation that would subject the taxi app service Uber to a host of burdensome regulations. Ben Hueso was spotted driving the wrong way down a one way street at [...]
Uber launches same-day grocery delivery with no minimum spend August 21, 2014 Uber is branching out from app based taxi hire to same-day grocery delivery services. The pilot programme launched in Washington DC will last just a few weeks but could be extended if proves to be popular. “The more you love it, the more likely it will last,” the company said. The Corner Store service is [...]
Uber’s battle against taxi industry and regulators steps up a gear with Obama adviser on board August 20, 2014 In Uber’s relentless battle against regulators and the taxi industry around the world, a political strategist was considered a crucial element for negotiating roadblocks in the disruptive taxi service’s plans for world domination. Now the search is over, and Uber has no doubt spent a pretty penny of its billions of dollars of investment (which [...]