Uber stripped of London licence due to lack of corporate responsibility
by Sarah Butler and Gwyn Topham from Technology | The Guardian on (#32WWN)
US ride-hailing company to appeal against ruling but new chief executive admits it is the 'cost of a bad reputation'
Uber has been stripped of its London licence in a surprise move that dealt a serious blow to one of Silicon Valley's fastest rising companies and sparked an outcry from a coalition of customers, government ministers and drivers at the ride-hailing company.
The firm's application for a new licence in London was rejected by Transport for London on the basis that the company is not a "fit and proper" private car hire operator.
Continue reading...