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Ola launches in London with over 25,000 drivers signed up

Indian ride-hailing company Ola launched its services in the UK capital on Monday (10), with over 25,000 drivers registered on its platform.

The Bengaluru-headquartered company said it is fully operational in London across three categories of Comfort, Comfort XL and Exec ride classes and said its focus would be on drivers, safety and a collaborative approach with local authorities and regulators.


"We are thrilled to now be live in London. This is a major milestone for our business and represents the next step in our ambitions to connect people in cities throughout the country," said Simon Smith, Head of Ola International.

"We are proud of the progress Ola has made in the UK and we look forward to building on our success by offering a differentiated service to Londoners, focused on quality, safety and reliability," he said.

The company, which entered the UK market in 2018 starting with Wales and then south-west England, said its London drivers joining the platform will benefit from six weeks of zero commission and market-leading commission rates thereafter, so they can keep more of their earnings.

The company said: "Ola''s commission commitment ensures drivers always receive the best commission rate in each market.

"Ola will continue its collaborative approach with Transport for London and local authorities, as well as its clear focus on safety, drawing on industry-leading and global best practices."

Ola also unveiled three partnerships aimed at driver standards across the market as it teamed up with DriveTech (Part of the AA), Mercer and Pearson in “ground-breaking initiatives” to offer Ola riders in London the highest standard of driving skills, and driver customer service and communication.

Ola''s partnership with DriveTech will involve their driving risk assessment to improve the level of driving skills and knowledge of all drivers on Ola in London.

Each driver has completed a risk assessment and is given complimentary E-Learning modules to further accelerate their professional development. On completing these modules, they will receive a DriveTech Permit to Drive, attesting to their skills.

In addition, every Ola driver in London has passed the Versant spoken English test, from education experts Pearson plc, ensuring a high level of communication in English.

They have also successfully completed Ola''s Customer Service Test, developed with global selection experts Mercer, ensuring they have the skills and mindset to deliver a great experience to their passengers.

"Ola is raising the standards of safety in the UK ride-hailing industry and bringing global best practice to the market.

"In a number of pioneering moves for the UK, Ola is launching its flagship global safety feature, ‘Guardian’, which uses AI and machine learning to automatically detect irregular vehicle activity, a ‘Start Code’ feature to ensure customers and drivers are correctly matched, 24/7 voice support for riders and drivers, and a cap of six penalty points for drivers on its platform,” the company said.

To celebrate its London launch, Ola said its first few passengers will benefit from up to 25 pounds worth of ride vouchers for signing up in the first week after launch.

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Under the policy, property owners will face a recurring annual charge additional to existing council tax liability.

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Rachel Reeves announces annual tax on homes worth over £2 million

Highlights

  • New annual surcharge on homes worth over £2 m comes into force in April 2028, rising with inflation.
  • Tax starts at £2,500 for properties valued £2m-£2.5m, reaching £7,500 for homes worth £5m or more.
  • London and South East disproportionately affected, with 82 per cent of recent £2m-plus sales in these regions.
Britain has announced a new annual tax on homes worth more than £2 million, expected to raise £400 million by 2029-30, according to estimates from the Office for Budget Responsibility.

Chancellor Rachel Reeves pointed that the measure would address "a long-standing source of wealth inequality in our country" by targeting "less than the top 1 per cent of properties". The surcharge will come into force in April 2028.

Under the policy, property owners will face a recurring annual charge additional to existing council tax liability. The rate starts at £2,500 for homes valued between £2 m and £2.5 m, rising to £3,500 for properties worth £2.5 m to £3.5 m, £5,000 for £3.5 m to £5 m, and £7,500 for those valued at £5 m or more.

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