Economy, Auto

Uber Battling to Keep London License

Uber Battling to Keep London LicenseUber Battling to Keep London License

Uber was to argue in court on Monday that it is “fit and proper” to operate in London, after regulators stripped it of a license last year that could halt its presence in the British capital. Regulator Transport for London (TFL) accused Uber last year of showing a “lack of corporate responsibility” in relation to “public safety and security.” It failed to renew a license that would allow the US ride-hailing service to operate in London, CNBC reported. Uber has been allowed to operate in London since it appealed the ban in October. Chief Executive Dara Khosrowshahi has visited London and met with the regulators to try and placate concerns, but TFL has not changed its stance. Uber was to head to Westminster Magistrates’ Court on Monday to kick off an appeal to overturn the ban in a hearing likely to last a few days. The firm is to argue that it has made big changes to address TFL’s concerns. London is one of Uber’s most crucial markets. More than 3.6 million people in London regularly use the Uber app, and around 45,000 drivers use the service.

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