LONDON: London’s transport regulator on Friday stripped Uber of its licence to operate from the end of the month, affecting over 40,000 drivers in a huge blow to the taxi app.
“TfL considers that Uber’s approach and conduct demonstrate a lack of corporate responsibility in relation to a number of issues which have potential public safety and security implications,” Transport for London said on Friday.
The final day of Uber’s licence will be on September 30.
In London, the firm has faced criticism from unions, lawmakers and traditional black cab drivers over working conditions.
Uber has the right to appeal the decision within twenty one days.
Decision 'will not affect UberEATS'
The decision to not renew taxi app's Uber private hire licence in London does not affect takeaway food delivery service UberEATS, an Uber spokesman said on Friday.
Shares in rival Just Eat rose earlier on the decision by regulator Transport for London.