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Uber set to lose London licence

London: London's transport regulator announced on Friday that it will not renew Uber's licence, saying the US-based cab aggregator is not "fit and proper" to operate in the city, especially citing the company's approach to reporting serious criminal offences. The ride-hailing company's licence to operate in the British capital will expire on September 30.
Transport for London (TfL) said that it does not believe Uber to be a "fit and proper" operator as a taxi company for the streets of London.
"TfL has concluded that Uber London Limited is not fit and proper to hold a private hire operator licence," TfL said.
"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," the regulator said.
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