The cost of Uber’s licence to operate in London has quietly been increased by Transport for London September 18, 2017 Uber's cost of operating in London is set to rise even further after the transport regulator pushed forward with new plans that are set to add nearly £1m to its bill. Transport for London is now planning to charge a maximum fee of £2.9m for the largest mincab firms to operate in the capital, it [...]
Backlog of employment tribunal cases balloons 77 per cent February 24, 2019 The backlog of cases at employment tribunals has risen 77 per cent in a year after the number of cases rocketed following the scrapping of fees in July 2017. In the three months ended September 2018 outstanding cases hit 23,700, up from 13,360 in the same period in 2017. There were 36,900 single claims in the year to [...]
How to tackle the PR challenge facing Uber’s Travis Kalanick August 27, 2017 Controversial former Uber chief Travis Kalanick has hired Teneo BlueRubicon to "refresh his tarnished image", according to reports. Though I can’t see confirmation on the record from either Kalanick or Teneo in the sources I’ve read, no denial from either party suggests a grain of truth. Real news or fake news, it makes the news [...]
London startup backed by the Mayor and National Grid launches embedded car charging points January 29, 2019 Connected Kerb has today launched its first series of electric car charging points fully embedded into the road's curbside. Built into Borough Road in Southwark, the launch was supported by Southwark Council, Virgin Media and National Grid. The move comes after the London startup won the Mayor's Award for Urban Innovation last year. Users of electric cars [...]
Relations with China are important, but so is the need to stand up to them May 17, 2019 China has become a significant player in the City and there can be no doubt that its activities in London help strengthen the Square Mile’s role as a global financial centre. Read more: City Corporation slammed for decision to ban Taiwan from Lord Mayor's show The average daily trading volume of the Chinese currency in [...]
DEBATE: Was the tribunal right to rule that Uber drivers are workers, not self-employed? November 14, 2017 DEBATE: Was the tribunal right to rule that Uber drivers are workers, not self-employed? YES – Frank Field, Labour MP for Birkenhead. The appeal tribunal must have been trying hard not to laugh Uber out of the room last week. The idea that the company engages on level terms with tens of thousands of independent [...]
Activist investor strikes upbeat tone as Just Eat interim boss rules himself out of the race March 6, 2019 A major Just Eat shareholder who has pressed the company to merge with a rival today welcomed the takeaway giant’s interim boss decision to rule himself out of the race for a permanent chief executive. Activist investor Cat Rock Capital Management, which owns a 1.7 per cent stake in Just Eat, said today that it appreciated Peter [...]
Bidding war on the cards as Just Eat rejects £4.9bn hostile bid from Prosus October 22, 2019 Just Eat could find itself at the centre of a bidding war after rejecting a hostile £4.9bn bid from investment firm Prosus that threatens to disrupt its merger with Takeaway.com. The firm’s share price leapt 24 per cent to 732.8p despite the rejection in favour of its £8.3bn tie-up with the Dutch Takeaway.com as a [...]
Uber has lost its appeal on the employments rights of its drivers November 10, 2017 Uber has lost its appeal on the employments rights of its drivers, the GMB union has said. The company was appealing an employment tribunal ruling that Uber drivers are entitled to basic workers’ rights. The Employment Appeal Tribunal (EAT) rejected Uber’s argument that it is merely an agent that connects drivers and passengers, and confirmed [...]
Hacking Wall Street: Are tech unicorns about to disrupt stock market flotations? January 21, 2019 Tech companies have changed the way we chat, bank, travel and date. Are they about to disrupt capital markets too? “In [Silicon] Valley there’s always been that mentality: how do we hack Wall Street?” says Rob Kniaz, a founder of tech-focused venture capital firm Hoxton Ventures. Two weeks ago reports broke that Slack, the workplace [...]