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Uber adds £1 on trips in London's congestion charge zone

UBER will add an additional pound to the cost of journeys in central London from next week after the city's transport authority said private hire taxi operators will no longer be exempt from the congestion charge.

Most drivers entering London's central zone, spanning King's Cross in the north, the City in the east, the Imperial War Museum in the south and Buckingham Palace in the west, pay £11.50 ($15) Monday to Friday during the day.


Private hire firms had been exempt from the charge but regulator Transport for London (TfL) is seeking to cut the number of vehicles on the British capital city's roads, which has surged partly due to burgeoning taxi apps.

TfL said in December that private hire taxi operators such as Uber and Addison Lee would have to pay the levy from April 8.

"To help ease the impact on driver earnings, Uber trips that start, finish or pass within that Zone will include a £1 Central London Fee," said Uber.

(Reuters)

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  • Quarterly profit surged to 344.4 m rupees from 100.4 m rupees year-on-year.
  • Revenue grew 25 per cent to 23.56 bn rupees on premium brand partnerships.
  • Company expands internationally with Kay Beauty launching in UK stores.
Indian beauty retailer Nykaa has posted a more than three-fold increase in quarterly profit, driven by steady demand for makeup and skincare products and strategic partnerships with global brands.

FSN E-Commerce Ventures, which operates the Nykaa platform, reported a profit of 344.4 million rupees (£3.9 m) for the quarter ended 30 September, up from 100.4 m rupees a year earlier.

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