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

July 24, 2018

The black cab drivers are exploring the possibility of bringing a class action lawsuit against the ride-hailing app, arguing that tens of thousands of them have seen their earnings dwindle with Uber's presence in the British capital. Last month, Uber won back its license to operate in London, after the transportation authority initially cited the company's poor working conditions. Cheddar's Kristen Scholer and Tim Stenovec get into the latest.

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Nov 25, 2019
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Uber Loses London License, Will Appeal Decision
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.
Jun 25, 2018
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Uber Fights Back Against Ban in London
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.
Jun 26, 2018
1:34
Uber Wins Back License to Operate in London
A UK court ruled that the company had made "substantial changes" to how it runs its business and is now "fit and proper" to operate in one of its largest markets. The court renewed Uber's license for 15 months, subject to strict conditions. London's transport authority refused to renew Uber's license in September, citing its working conditions and lack of strong safety measures.
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