Addison Lee is on the hunt for hundreds more drivers in London after Uber’s licence loss September 29, 2017 With Uber battling to secure a change of mind from Transport for London over the loss of its London licence, other taxi rivals have been quick to report rising app downloads and increased interest. And today, Addison Lee announced it is on the hunt for 1,000 extra drivers due to a rise in demand. The [...]
It’s all fun and games, until Labour crashes the economy September 27, 2017 Labour is “war-gaming” crashing the economy. That’s not the exaggerated spin of the hysterical mainstream media – it’s the words of shadow chancellor John McDonnell himself. McDonnell told Momentum activists at a Labour conference fringe event on Monday night that “people want to know we’re ready” for the chaos that could hit if the party [...]
From Red Flag Laws to the Uber ban, transport has always been a battle of innovation vs. precaution | City A.M. September 26, 2017 Last Friday, Transport for London (TfL) informed Uber that it would not be issued a private hire operator licence after its current licence expires on 30 September 2017. Only a few days before, Taxify, the Didi-backed car-booking app that is seeking to rival Uber, had been forced to halt operations in London for breaking rules [...]
Deputy Labour leader Tom Watson announces crackdown on gambling companies September 26, 2017 Deputy leader of the Labour party, Tom Watson, today announced plans to crack down on gambling companies. Speaking to delegates at the party’s conference in Brighton, Watson accused firms in the industry of targeting people with gambling problems. He said it was wrong that firms only contributed £10m to the treatment of those with problems, [...]
The AA share price falls despite the firm appointing Simon Breakwell as chief executive after departure of chairman Bob Mackenzie | City A.M. September 26, 2017 Shares in the AA dropped over eight per cent this morning, despite the firm announcing the appointment of a new permanent chief executive after the tense departure of executive chairman Bob Mackenzie in August. Shares dropped more than eight per cent at the time of writing to 153.80p, as the firm also said today that [...]
Uber challenger Via has been waiting months for a licence from Transport for London and is raring to launch September 25, 2017 A startup taking on Uber in London has spoken of “frustrating delays” in its efforts to get permission to operate in the capital after months of waiting and no sign yet of getting the green light. Via is the latest ride hailing startup to add its voice to concerns over the lack of engagement from [...]
Deliveroo set to become unicorn with $385m investment September 23, 2017 Deliveroo has secured $385m (£285.3m) in new funding from two US firms. Stateside investors Fidelity and T. Rowe Price have agreed to put money into the UK-based start-up as part of a deal which values the company at over $2bn (£1.48bn), according to Sky News. The investment means rumours of a Deliveroo IPO are likely [...]
How Uber’s CEO responded to losing its London license September 23, 2017 Uber’s new chief executive has said the company needs to be self-reflective in response to the news that the ride-hailing app’s London licence will not be renewed come October. Dara Khosrowshahi, who took up the position just last month, said in an email to colleagues that “there is a high cost to a bad reputation” [...]
Transport for London has ruled Uber will not be allowed to operate in London from 30 September September 22, 2017 Transport for London has today informed Uber that it will not be issued with a private hire operator licence. The ride-hailing app will not be issued a new licence when its current one expires on 30 September. TfL said it has concluded that “Uber London Limited is not fit and proper to hold a private [...]
London’s newest way to travel is Gett and Citymapper’s taxi-bus hybrid combining black cab carpooling and a bus-like route September 21, 2017 An innovative new way to travel that’s part bus, part taxi, is launching in London to help commuters get to and from work on routes that are currently tricky to navigate. Gett, the app for ordering black cabs on demand, will now offer shared taxis on a dedicated route between Waterloo and Islington for the [...]