Tag Archives: uber

Uber – a country dweller responds…

So, Uber, a company whose business practices have been, thus far, somewhat suspect, have been told by Transport for London that, unless they sharpen up their act, they’ll lose their licence. Cue the more libertarian tendency, who have claimed that millions of people use them and that 40,000 people will lose their jobs.

Time for some perspective.

According to Uber, and let’s assume that their figure is accurate here, 52 million journeys were made in London using their service last year, and that they had 3.4 million users in that time.

That works out as being just over six journeys per Londoner during …

Posted in Op-eds | Also tagged | 21 Comments

TfL’s Uber decision is no victory for liberalism

The decision taken by Transport for London to revoke Uber’s licence undermines a key theme of Vince Cable’s speech from just a few days ago, a belief in competitive markets. Whilst the company has only operated in the capital for a relatively short time, the benefits it has bought to London’s transport market for both Londoners and tourists alike have been numerous. Uber not only provides a cheaper, more accessible transport solution to its customers, but it has also forced its competitors to innovate, an example being black cabs now accepting card payments, freeing their users from having to carry large amounts of cash. If the Liberal Democrats are to be a proud champion of enterprise, the party should feel no shame in its support for companies such as Uber, which provide choice to consumers in what is otherwise a monopolistic market.

Posted in News | Also tagged , and | 55 Comments
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