Uber awaits crucial UK Supreme Court ruling which could jeopardize its business model

  • 📰 CNBC
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Uber is awaiting a ruling from the U.K.'s Supreme Court on whether its drivers should be classified as employees rather than independent contractors.

Uber says it's improved over time with respect to the treatment of its drivers, introducing benefits like insurance to cover illness or injury and maternity and paternity payments. But lawyers representing the drivers say the firm has an employer-employee relationship with drivers and should therefore pay them a minimum wage.

The Supreme Court will make its verdict on Friday at around 9:45 a.m. London time. The judgment will beFriday's ruling could have huge long-term consequences for Uber and the U.K.'s gig economy, which has an estimated workforce of 5.5 million people. Pinar Ozcan, professor of entrepreneurship and innovation at Oxford University's Saïd Business School, told CNBC last year that the case was an example of "another showdown of the power struggle between platforms and their members."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Am super excited right now. I can now pay my bill and take good care of my family. Thank you for bringing happiness to my home, with just an investment of $590 I got $6,350. I am now debt free maiyarova

I dumped all my Uber today. Had a nice run, but know when to walk away

Australia Australia Latest News, Australia Australia Headlines