Uber Set to Lose License to Operate in London

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The local transport office has deemed the company not a "fit and proper" operator.

Hollywood executives visiting London may soon find they have one less means of getting around. 

On Friday, it was announced that Uber's license to operate in the British capital  which expires on Sept. 30  would not be renewed, with the Transport for London office deeming the company not a "fit and proper" operator. 

"Uber's approach and conduct demonstrate a lack of corporate responsibility" in terms of reporting serious criminal offenses, obtaining medical certificates and other issues, it said, responding to public safety concerns. 

Uber, which employs around 40,000 drivers in London, has 21 days to appeal the decision. It revealed it intends to immediately challenge the decision in the British courts.  

"Transport for London and the mayor have caved into a small number of people who aim to restrict consumer choice," it said in a statement.