Uber loses license to operate in London

From CNET: Transport for London, the British capital's transport regulator, refused to renew Uber's private hire license on Friday.

Uber currently holds a license to operate in the city, but it will expire on Sept. 30. TfL holds private hire regulators to high standards in order to ensure passenger safety, and companies are not allowed to operate if not awarded a license.

"TfL has concluded that Uber London Limited is not fit and proper to hold a private hire operator licence," the regulator said in a statement. The company'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" means its license will not be renewed, it said.

TfL's decision is a fresh blow for Uber in what has been a year fraught with difficulties. The ride-hailing service has long struggled to meet local regulatory requirements as it has spread around the world, and has frequently faced opposition from the established taxi industry, including in London -- a city famous for its black cabs. But in 2017, the company has fought battles on multiple fronts, dealing with sexual harassment accusations and claims about company culture, which resulted in the resignation of CEO Travis Kalanick in June.

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