Uber awaits decision on new licence in London

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Ride-hailing company could face expulsion from its most important European market on Tuesday

The Logo of taxi company Uber is seen on the roof of a private hire taxi in Liverpool, Britain, on April 15, 2019. File photo: REUTERS/PHIL NOBLE

London’s ride-sharing market has changed significantly since TfL concluded in 2017 that Uber wasn’t “fit and proper” to hold a licence. New entrants, such as Ola, ViaVan and Bolt, have since gained licences to operate in the city. Uber has also faced a series of lawsuits in the UK, including losing a case over drivers’ employment rights.

There are signs that Uber will win a licence to operate “for 15 months or even three years,” Bloomberg Intelligence analyst Aitor Ortiz said. “New competitors in the capital — such as Ola and ViaVan — indicate that Transport for London may be granting more licences to increase competition.”

 

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