Skip to main content

Uber Is Back on the Streets of London

Publish date:
Video Duration:

Uber  (UBER) - Get Uber Technologies, Inc. Report will continue operating in London after winning a legal fight against Transport for London.

On September 28, a U.K. judge upheld Uber’s appeal against a ban imposed in 2019.

"Despite their historical failings, I find them, now, to be a fit and proper person to hold a London PHV operator’s license," said deputy chief magistrate Tan Ikram, in the ruling.

Transport for London imposed the ban on the ride-sharing app, citing ‘concerns about customer safety.'

The ride-sharing giant has welcomed the ruling.

“This decision is a recognition of Uber’s commitment to safety and we will continue to work constructively with TfL (Transport for London),” said Jamie Heywood, Uber's Regional General Manager, Northern & Eastern Europe, in a statement.

However, London's Black Cab Drivers association, called the verdict a "disaster."

"Uber has demonstrated time and time again that it simply can't be trusted to put the safety of Londoners, its drivers and other road users above profit," the Association, said. "By holding up their hands and finally accepting some responsibility, Uber has managed to pull the wool over the eyes of the court and create a false impression that it has changed for the better."

London's Mayor, Sadiq Khan, said that TfL was absolutely right not to renew Uber’s license last November after identifying failures that directly put passengers in danger.

“I can assure Londoners that TfL will continue to closely monitor Uber and will not hesitate to take swift action should they fail to meet the strict standards required to protect passengers,” added Sadiq Khan, in a statement.

Uber's new operating license will last 18 months.

Latest Videos From TheStreet and Jim Cramer:

Related Videos