The Adam Smith Institute has today slammed TfL’s announcement that it is stripping Uber of its license to operate in London.

The ASI’s Head of Research Matthew Lesh said:

“Labour Mayor Sadiq Khan’s decision to strip Uber of their operating licence on spurious grounds is a total disgrace. He has sided with the vested interest of Black Cabs — who want less competition — over the interests of all Londoners. 

Uber provides thousands of jobs for low income and immigrant Londoners. It provides a much-loved service to get people home safely at night. It is more affordable than other cabs and provides a flexible working life for drivers. 

Today’s decision is a reminder of the risks of the anti-competition and anti-innovation mentality of Jeremy Corbyn’s Labour Party.”

To arrange an interview or further comment, please contact Matt Kilcoyne via email (matt@adamsmith.org) or phone (07904099599).