Tuesday , October 17 2017
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London taxi controversies of yesteryear

Summary:
What’s worth bearing in mind when assessing Friday’s decision by TfL to not renew Uber’s London operating license is historical context. This is not a new phenomenon, but rather a perpetual one that keeps resurfacing due to the nature of underlying trade.Case in point, this letter from EH Bayley, chairman of the largest cab company in London, as published in the Financial Times in 1907.But we can go further back to 1834 and the parliamentary debates pertaining to proposed regulation of the fast proliferating taxi cab and omnibuses, where the issues once again were very familiar (our emphasis):Mr. Hume thought, after paying considerable attention to the subject, that licensing the drivers instead of the proprietors of omnibuses and cabriolets would be productive of bad consequences. It

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Izabella Kaminska
Izabella Kaminska joined FT Alphaville in October 2008, which was, perhaps, the best time in the world to become a financial blogger. Before that she worked as a producer at CNBC, a natural gas reporter at Platts and an associate editor of BP’s internal magazine. She has also worked as a reporter on English language business papers in Poland and Azerbaijan and was a Reuters graduate trainee in 2004.

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