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Uber Starts 24/7 Phone Support in Britain

Transportation service provider, Uber on Tuesday (25) launched a 24/7 telephone support line for its users in Britain, in the latest change the taxi app has made to meet the demands of the regulators.

Uber won a probationary licence to operate in London in June after it modified its business model to ease strained relations with Transport for London, which had previously stripped the company of its right to function in the capital.


"Our new 24/7 phone line is the latest in a series of improvements we’re making for both passengers and drivers," said the firm's General Manager in Britain Tom Elvidge.

"This follows the new app we've introduced for drivers, as well as sickness, injury, maternity and paternity protections."

Uber announced earlier this year that it would introduce the phone support service as part of a series of changes to the way it operates in its most important European market.

Reuters

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Frasers slams Debenhams over £222 million pay scheme

Highlights

  • Debenhams pushes ahead with executive pay scheme worth up to £222 m without shareholder approval.
  • CEO Dan Finley could earn up to £148 m if share price reaches £3 over next five years.
  • Frasers Group, holding 29.7 per cent stake, calls move "utterly disgraceful" amid long-running corporate tussle.
Struggling British online fashion retailer Debenhams has sparked outrage from its biggest investor after deciding to implement a new executive pay scheme worth up to £222 million without seeking shareholder approval.

Frasers Group, which holds a 29.7 percent stake in Debenhams, condemned the move through its chief financial officer Chris Wootton on Thursday. "Typical corporate governance from them, utterly disgraceful," Wootton said, criticising the retailer's decision to bypass investors.

Under the new incentive scheme, Debenhams CEO Dan Finley could earn up to £148 m and CFO Phil Ellis up to £14.8 m if the company's share price hits £3 over the next five years. Debenhams shares were trading at 22.25 pence on Thursday, down 3.3 percent.

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