Alternative Finances

Will An Uber Protest Shut-Down Downtown In London?

Taxi driver in London are mad as hell, and not going to take it anymore, according reports in Business Insider. Taxi drivers are planning to move ahead with a protest aimed at shutting down large sections of central London with traffic, congestion, noise and chaos over their total dissatisfaction with ride-sharing service Uber disrupting the market.  

Disrupting it illegally, according to the Licensed Taxi Drivers Association (LTDA), by violating regulations that drivers may not have taximeters in their cars. They claim that Uber's app is the same as having a taximeter.

Transport for London — the taxi regulator in the city — has so far ruled that Uber is not violating laws, since the app does not require a physical connection to the car, though many drivers to mount their phones to their dashboards. TfL has asked the High Court for an official ruling on the legality of Uber.

The LTDA is planning the demonstration for June 11 in central London, despite the TfL request for a ruling. 

"The taxi trade have no confidence in TfL and its legal team whatsoever and we will be issuing proceedings of our own," LTDA General Secretary Steve McNamara told the BBC.

“What’s Hot” is aggregated content. claims no responsibility for the accuracy of the content published by the original source.




Banks, corporates and even regulators now recognize the imperative to modernize — not just digitize —the infrastructures and workflows that move money and data between businesses domestically and cross-border.

Together with Visa, PYMNTS invites you to a month-long series of livestreamed programs on these issues as they reshape B2B payments. Masters of modernization share insights and answer questions during a mix of intimate fireside chats and vibrant virtual roundtables.

Click to comment