London Taxi Drivers to Sue Uber For $1.5 Billion in Losses

A revolt is growing between the UK and the rest of the European Union, with two sides to the Brexit story. Prime Minister Boris Johnson is planning to bring his Internal Market Bill to a vote in parliament today. The bill would allow the UK to override parts of the treaty it signed to remove itself from the EU. The EU has even threatened legal action until Johnson backs down. Michael Acton, Brussels correspondent at MLex, Market Insight, joined Wake Up With Cheddar for more.

Transport for London has denied Uber's license to operate in that city, a huge blow to the rideshare giant in one of its biggest markets. Uber's London license lapsed at midnight for the second time in two years. Uber will appeal the decision and can operate in the meantime. The company's stock is falling on the news. We spoke to Nicholas Farhi, Partner at OC&C Strategy Consultants.

The ride hailing app lost its license to operate in the British capital in September. The city's transport authority, Transport For London, rejected the license renewal citing poor working conditions and the company's failure to report sexual assault. Uber's appeal to hold on to its biggest European market begins on Monday. Cheddar's Kristen Scholer and Tim Stenovec get into the latest.