MONEY (MSM)

London proposes tougher rules for app-based taxi firms like Uber

London’s transport chiefs announced plans on Wednesday to tighten control on private hire vehicles (PHV), a move that could hit app-based ride-hailing firms such as Uber [UBER.UL]. Drivers of the city’s famous black cabs have argued Uber bypasses local licensing and safety laws and amounts to unfair competition. A protest earlier this month at London’s City Hall led to a scuffle that resulted in arrests for assault and aggravated trespass