Uber ban suspended: Berlin court upholds opposition to taxi app prohibition August 18, 2014 Uber has received some welcome news from Berlin's Administrative Court. Last week, the Berlin State Department of Civil and Regulatory Affairs said Uber risked passenger safety through the use of “unverified drivers in unlicensed vehicles” and consequently banned the popular taxi app. The company had been threatened with fines of up to €25,000 for each [...]
Berlin bans Uber citing passenger safety rules August 14, 2014 THE BATTLE between smartphone car service Uber and city regulators heated up yesterday after the German capital turned against the San Francisco startup and banned the mini cab app on safety grounds. In a press release, the Berlin State Department of Civil and Regulatory Affairs said Uber risked passenger safety through the use of “unverified [...]
Design your own holiday home in The Cotswolds August 14, 2014 It’s a stifling summer’s day in London and work is exhausting. You shut your eyes and imagine escaping to an idyllic rural retreat complete with picturesque villages, a smattering of good restaurants, pubs, and a vibrant social scene. You’ve effectively transported yourself to the Cotswolds. This fantasy of a tranquil home-away-from-home is what the owners [...]
Prudential Ride London 2014 route: Where to watch the weekend’s cycling August 8, 2014 Cyclists of all ages and abilities have the opportunity to ride past some of London’s most famous landmarks this weekend as 2014 Prudential Ride London rolls into town. In total, there will be five events taking place in the city between 9am on Saturday morning and 6pm on Sunday evening. However, some Londoners [...]
Delaying Crossrail 2 would strangle London – and the private sector can help pay for it August 7, 2014 One of the most encouraging things about ministers considering an extension of Crossrail to Hertfordshire, giving commuter towns like Tring and Hemel Hempstead direct access to the City and Canary Wharf, is that it shows a commitment to long-term planning that has too often been absent in the UK. Admittedly, it’s rather late to be [...]
Investment Comment: European earnings could be set to come back with a bang August 5, 2014 There is a question mark looming over European equities – when will companies deliver on earnings? So far, underwhelming earnings growth has done little to support the market’s upward march. In our view, that is poised to change. The Eurozone has a real and sustainable economic recovery underway, following four consecutive quarters of positive [...]
Boris Johnson dismisses Uber as “excessively bumptious” August 5, 2014 London Mayor Boris Johnson has criticised the attitude of San-Fransico based firm Uber as "excessively bumptious." Johnson, speaking on LBC, added that he didn't like the way Uber were "moving into London and claiming they could take all this business away from black cabs." The company's rapid growth and penchant for innovation have clearly not conformed [...]
London buses: Now you can pay fares by tapping in with a mobile August 4, 2014 In the march towards a future where you can do everything through your mobile phone, London buses are the latest to get on board. Contactless payment system Cash on Tap is being accepted by TFL on all London bus routes and works in the same way as an Oyster card or contactless card. Handy if [...]
City exec who dodged £43k in train fares quits Blackrock and avoids FCA probe after being named August 3, 2014 A passenger caught dodging £43,000 of train fares earlier this year has been revealed as a former managing director at asset management firm Blackrock. Jonathan Burrows has been named by the Daily Mail as the man believed to have avoided paying thousands of pounds for travel between his home in Stonegate in Sussex to his [...]
Uber’s tax status slammed by Labour MP August 1, 2014 Chair of the Public Accounts Committee and Labour MP Margaret Hodge has condemned the tax arrangements of the popular taxi app service Uber in a letter to London Mayor Boris Johnson. According to Hodge, Uber has “unfairly undercut London operators by opting out of the UK tax regime". The Labour MP is unhappy that the [...]