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Uber's latest setback: Loss of license to operate in London

Uber's latest setback: Loss of license to operate in London

Uber once wore its reputation for being a rule-breaker as a badge of pride. In London, that reputation became a liability when the British capital’s transport authority said Friday it will not renew the ride-hailing company’s license to operate, arguing that the San Francisco firm demonstrates a lack of corporate responsibility that undermines public safety and security.

Transport for London said Uber was not “fit and proper to hold a private hire operator license.” Uber’s current license will expire Sept. 30.

The regulator cited Uber’s...

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