Addison Lee says Sadiq Khan’s congestion charge plans could cost it £4m a year October 1, 2018 Addison Lee has said Sadiq Khan's plans to remove the congestion charge exemption for private hire taxi companies could cost it £4m a year. Uber rival Addison Lee has commissioned research that suggests levying a congestion charge on minicabs in London would make the capital more congested and polluted. Read more: London Assembly votes against Sadiq [...]
Opinion: Young families are moving out of London at an alarming rate but they may regret it in a few years time August 23, 2018 Young families in their 30s moving out of London escaping the rat race in search of better value, more space and good schools is nothing new. However, what is surprising is the rate at which this exodus in increasing. Net migration out of the capital – people moving out minus people moving in – was [...]
Which? reveals worst companies to rent a car from April 28, 2018 Pushy sales people, broken cars and long waits at the airport – renting cars can often be an arduous task. But the very worst firms to get a car from have been revealed in research released today. Consumer watchdog Which? asked consumers for their opinions on a number of rental companies to compile a list [...]
Addison Lee’s licence to operate renewed for only six months as Transport for London considers fees after rise in Ubers | City A.M. August 25, 2017 Addison Lee’s licence has been extended for just six months as Transport for London considers increasing the cost of operating in the capital for mincab firms. London’s transport regulator is mulling an increase of costs for private hire vehicles with the rising number on the road and the increasing resources needed to regulate them since [...]
Own, loan, or Drover: How the subscription economy is shaking up the car industry December 7, 2018 Felix Leuschner looks far too young to have founded three successful businesses. This German-born entrepreneur was just 23 when he launched what became Europe’s largest marketplace for gaming goods, where players could trade virtual products. After selling that company just nine months later, he moved to London and started a fast-fashion website called Stylistpick, collaborating with [...]
UK taxi turnover falls for the first time in five years as Uber drives up its network expansion July 24, 2017 The rise of Uber has driven taxi firms’ turnover off course, according to research out today from accountancy firm Moore Stephens. An analysis of the UK’s top 100 largest taxi and minicab firms noted that turnover had dipped three per cent from £495m in 2014/15 to £479m in 2015/16. There had been consistent growth in [...]
Three UK chief exec Dave Dyson: Company focused on creating ‘genuine customer experiences’, not ‘hypothetical’ 5G launches July 2, 2018 In the race for 5G connectivity, many would assume that fast, and first, is best. But the head of one of the UK’s biggest mobile operators says he is not concerned with being first to the party when it comes to rolling out the faster network for consumers. Dave Dyson, Three UK chief executive, says [...]
New Octopus Energy tariff aims to slash charging cost for electric vehicle owners June 9, 2018 Octopus Energy has launched a new “time of use” energy tariff especially designed for bringing down the charging cost for electric vehicle (EV) owners. The new tariff, called Octopus Energy Go, lets EV owners charge their cars for only 5p per kilowatt hour for four hours each night, which could make owning an EV 10 [...]
Just Eat shares plunge as Deliveroo’s new feature bites June 13, 2018 Shares in Just Eat dropped more than seven per cent this morning after Deliveroo announced dramatic expansion plans and a new feature. Deliveroo anticipates that it will add 5,000 new restaurants to its platform with the 'Marketplace+' feature, which puts it in direct competition with Just Eat. Restaurants which handle their own delivery will now [...]
Protectionism and trade barriers aren’t just bad economics – they’re also immoral May 10, 2018 On Wednesday, Paul Ormerod argued in City A.M. that the economic effects of Donald Trump’s proposed protectionism were likely to be minimal. In doing so, he missed a crucial chance to champion the economic, social, and even moral benefits of free trade. There is near consensus among economists that free trade generates more wealth than [...]