Uber submits appeal to regain London taxi license

This post was originally published on this site

https://i-invdn-com.akamaized.net/trkd-images/LYNXMPEFBC1C6_L.jpg

LONDON (Reuters) – Uber (NYSE:) submitted an appeal on Friday against a decision by London’s transport regulator to strip the taxi app of its right to operate in one its most important markets, setting up a potentially lengthy legal process during which it can continue to take rides.

Transport for London (TfL) refused to grant the Silicon Valley-based company a new license in November due to what it called a “pattern of failures” on safety and security, the latest stage of a long-running battle with the authorities.

Uber, which was also denied a license by TfL in 2017 before a judge restored it on a probationary basis, said it had changed its business model over the last two years and would go further.

“Safety is our top priority which is why we have robust systems and processes in place,” said Uber’s Northern and Eastern Europe boss Jamie Heywood.

“We are committed to Londoners and are working closely with TfL to address their concerns and requests, as we have since 2017.”

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.