Uber beats London cabbies in £340m court battle Tech Uber has defeated a £340m legal claim brought by 13,000 London black cab drivers after the High Court ruled they had waited too long to sue the ride-hailing giant. The ruling, handed down on Monday, throws out two linked lawsuits brought by thousands of cabbies and two former private hire operators, Kabbee and Iride, over [...]
Mercedes rides the AI Wayve with self-driving deal Tech Mercedes-Benz will put British start-up Wayve’s self-driving technology into its cars within two years, handing the London AI firm its third major production deal in less than nine months. The German carmaker has signed a production agreement to integrate Wayve’s AI Driver into future models, allowing cars to handle point-to-point journeys through cities with advanced [...]
Pisces’ first birthday was an intimate affair Markets The faint pop of a champagne bottle was heard in the Square Mile a few days ago, marking the first anniversary of the LSE getting a licence for Pisces – the private securities venue providing liquidity to fast-growing firms. As celebrations go, it was an intimate affair. Over the past year, just three businesses have [...]
JP Morgan eyes role on London Stock Exchange’s Pisces market September 7, 2026 JP Morgan is seeking approval to handle deals on the London Stock Exchange’s Pisces market in a sign of growing momentum behind the private bourse. The US bank is looking to join the likes of Bank of America and Rothschild in becoming a so-called registered auction agent, which would allow it to broker deals on [...]
Uber launches ‘autonomous’ cabs in London September 3, 2026 Londoners will be able to order “autonomous” Ubers from today as the ride-hailing firm becomes the first company to launch automated driving technology to customers in Britain. The San Francisco-based firm announced it will allow users to book the autonomous cars through its app in London from Thursday, via its partnership with British AI driving [...]
Venture heavyweights denounce government’s £1bn scale-up fund plans August 28, 2026 The government’s flagship £1bn scale-up fund will miss out on top deals and chalk up poor performance for its pensioner investors should ministers select a traditional firm to manage it over a specialist venture capital shop, a group of the UK’s top early-stage investors has warned. The industry heavyweights, who between them are early backers [...]
The London Stock Exchange is shrinking – but Julia Hoggett is still an optimist August 11, 2026 The London Stock Exchange’s two flagship indexes are trading near all-time highs. But beneath the surface, it has been another testing year for the capital’s bourse. Boss Dame Julia Hoggett tells Ali Lyon what she is doing to disprove the doomsters. In the cavernous foyer of London’s historic stock exchange, a giant cube is flashing [...]
TfL greenlights Wayve’s autonomous vehicles in the City August 6, 2026 Transport for London (TfL) has granted British autonomous driving firm Wayve a licence to operate its cars in the City, a move which will see robotaxis will make their first appearance in the capital later this year. Wayve said on Wednesday that TfL has approved a fleet of autonomous Ford Mustang Mach-E vehicles to operate [...]
Robotaxi rules row drives Waymo-Uber rift ahead of London launch July 28, 2026 A row over how robotaxis should be regulated has become one of the main reasons relations between Waymo and Uber have deteriorated, sources familiar with the matter told City AM, as the companies prepare to launch rival autonomous taxi services in London. At the heart of the ride-hailers’ dispute is whether new rules should favour [...]
Lyft bets black cabs and robotaxis can share London’s streets June 16, 2026 Lyft is preparing to bring Chinese robotaxis to London and believes autonomous vehicles will grow the capital’s transport market rather than replace its drivers. The Uber rival has claimed the arrival of self-driving vehicles would create a “hybrid network” of robotaxis and human drivers, as the American mobility giant expands its presence across Britain through [...]