Addison Lee gets acquisitive to combat growth of Uber and rivals
Private hire company Addison Lee has closed a new acquisition, snapping up an executive car service that is nearly as old as the London-based business.
Private hire company Addison Lee has closed a new acquisition, snapping up an executive car service that is nearly as old as the London-based business.
When it comes to the EU referendum, Britain’s government officials have been at war with each other. That’s only to be expected though – they can’t even decide on what they want from the London transport industry.
Operators from London’s taxi industry have come together for a plan that looks to revolutionise the city’s black cab, making them faster, smarter and greener, and they’re calling on Boris Johnson’s replacement to support the cause.
Financing your entrepreneurial dreams takes centre stage in our latest business advent calendar offering, which is taking each day in the December run up to Christmas and building a story off the back of it.
On-demand taxi service Uber has been given the green light to continue operating in the capital, after the High Court decided it does not break any laws.
Mobile proximity marketing specialist Proxama has secured a long-term deal with taxi advertising firm Ubiquitous, which will see the former's technology laced into vehicles across the UK.
As Londoners faced a battle to get around the city during the latest tube strike, Uber once again took advantage of the situation and has been accused of hugely inflating its fares due to demand.
Uber's name was mud during the 9 July London tube strike as the on-demand car booking service tripled prices to capitalise on stranded commuters. Reacting to the bad press, rival firm Gett has lowered prices to a flat rate of £10 for any distance in Central London.
Following the launch of Addison Lee Eco in February 2015, which added 350 hybrid vehicles to its fleet, the company has acquired Climate Cars – a London-based eco-friendly passenger car services. This, the company hopes, will further strengthen its offering to environmentally-conscious customers.
The Australian Taxation Office (ATO) has given Uber drivers two-and-a-half months to start paying goods and services tax (GST). Needless to say, the company is not happy with the decision, and hasn't kept that fact quite.
The first cashless taxi to accept mobile payments only will be using the Barclays Pingit app.
We live in an exceptionally fast moving world where the rules of the game are constantly changed by innovative entrepreneurs and new technologies that can put even the most established businesses under threat, says Charlie Mullins.