19 July

Sadiq Khan may need to axe buses to money fares promise, states previous Tfl boss

Sadiq Khan faces an acute financial problem following his fares freeze and may cut the variety of buses; the former head of Transport for London has actually shown. Sir Peter Hendy anticipated less but quicker buses were on the way, both to save money and help unclog the roads.

It is the very first time since the bruising mayoral contest that any authority has shed fresh light on how Mr. Khan might fulfill his most questionable manifesto dedication, to eliminate bus and Tube fare raises up until 2020.

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25 July

Uber driver and 'black taxi driver' fight in the street in 'road rage clash

Significant video has actually captured the minute an Uber driver was repeatedly typed the face by another motorist in an apparent road rage clash. Video footage recorded on a mobile phone shows the Uber driver and another guy, who a witness stated was a black cab driver, wrestling in the street in King's Cross.

The violence was allegedly sparked by a small crash in between their automobiles near to the British Library. Overlooking the growing line of annoyed motorists in Midland Road, they grapple with each another in the roadway. Find more info on Uber promo codes .

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22 May

Taxi firms hit brand-new bump - greater govt Cost

The embattled taxi industry, which has been reeling from disruptors such as Uber and Grab, is facing another blow - greatly higher federal government fees. The Land Transport Authority (LTA) has informed operators that their operating licensing fee will rise from 0.1 percent of gross earnings to 0.2 per cent this year and after that to 0.3 percent next year.

This is the very first such boost in more than 10 years.

For a mid-size operator such as SMRT, the charge hike translates to more than $1 million in additional expenses each year. Based on its taxi income for the previous two fiscal years, its fee would increase from an approximated $1.4 million to $4.2 million next year, assume revenue continues to be constant?

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