Uber has lost its licence in London due to passenger safety concerns.
The company's latest licence application was refused by Transport for London after a number of breaches were identified which placed the safety of passengers at risk. These included issues with rogue drivers and insurance.
Ian Guider, markets editor of The Business Post, discussed this story and more in our daily business round-up, including:
- Survey finds Generation Z workers want better work-life balance
- Earnings are up by 3.4%
- Intel's €3.6 billion FAB expansion plan approved
- Tiffany's bought by LVMH for $16 billion
Listen to the interview in full by pressing the play button on this page.