TfL grants Uber 30-month licence to operate in London March 26, 2022 Transport for London (TfL) has granted Uber a 30-month licence to operate in the capital, the company announced today. “We’re delighted to announce TfL has granted Uber a new 30 month licence in London,” Uber said in a tweet this morning. “TfL rightly holds our industry to the highest regulatory and safety standards and we [...]
Just Eat teams up with McDonald’s to drive home delivery efficiencies March 22, 2022 European takeaway giant Just Eat Takeaway.com has entered a "long-term global strategic partnership" with McDonald's as the delivery firm tries to remain profitable in a post-pandemic world.
Cabbies call on Mayor of London to block Uber’s licence renewal amid worker rights row March 16, 2022 London cabbies are calling on the Mayor of London and TfL to set tougher worker rights conditions on Uber’s application for renewal of their London licence, which is set to expire on March 27th. According to the App Drivers & Couriers Union (ADCU), Uber has failed to abide by the Supreme Court ruling from February [...]
Uber fares could rocket 20 per cent as ride-hailing app foots VAT bill March 14, 2022 Uber could hike prices by as much as a fifth from tonight as the ride-hailing giant faces fresh VAT charges. It comes after the company was forced to implement changes following the High Court ruling last year, which said that Uber could not be viewed as an agent but must be regarded as a contractor. [...]
Uber joins London boroughs in £5m EV charger boost March 9, 2022 Hundreds of new electric-vehicle chargers are set to be installed across north and east London, following an agreement between Uber and three London boroughs.
Uber ups profit guidance as ride-hailing and food delivery continues to boom March 7, 2022 Shares in Uber have climbed nearly four per cent in premarket trading this morning, with the tech giant raising its first-quarter profitability guidance thanks to a record number of cab journeys and booming food delivery orders. Uber said in a filing that it now expects adjusted earnings before interest, taxes, depreciation and amortisation of $130m (£98m) to [...]
Uber shares jump after food delivery service reports profits for first time February 10, 2022 Uber shares last night jumped more than 6 per cent in post-market trading after its food delivery service, Uber Eats, reported its first profit ever. In the fourth quarter of 2021, Uber Eats reported a $25m EBITDA profit, while Uber’s revenue grew 83 per cent to $5.8bn, beating analysts’ forecast of $5.36bn. The group’s mobility [...]
Ride green: Uber Boat builds UK’s first hybrid high-speed passenger ferries January 20, 2022 Uber Boat by Thames Clippers has announced it is currently building the UK’s first hybrid high speed passenger ferries. Set to respectively launch in autumn 2022 and spring 2023, the ferries will operate solely on battery power when transporting commuters between Tower Pier and Battersea Power Station. “After the challenges of the last two years [...]
Gig workers on the verge of wider employee rights under EU plans December 9, 2021 The European Commission announced this morning draft rules to give workers at online platform companies such as Uber and Deliveroo better social rights, but which companies say could lead to job losses and more litigation in court.
High Court says ride-hailing gig models are unlawful December 6, 2021 The High Court Administrative Court has refused Uber’s application to declare its controversial gig-economy business model lawful in a ruling this morning