Khan’s Attack on Choice: I’ll Cap Uber If I’m Mayor

Londoners’ freedom to choose cheaper Uber rides is under threat – Sadiq says he will cap the number of Uber cars allowed on the capital’s streets:

“I’m afraid the mistake was made a couple of years ago when TfL allowed Uber taxis to come on stream… And let me tell you what I will do. I will make sure we have proper regulation around private hire vehicles. I want a cap on the number of private hire vehicles.”

Zac is hardly pro-innovation when it comes to taxis either though this from Khan is a particularly direct attack on consumer choice. Heavy handed, Corbyn-style market intervention to reduce the availability of Ubers means less supply, a higher likelihood of surge pricing and higher fares for Londoners…




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Google CEO Sundar Pichai on Google investing billions in Britain…

“The innovation we see here, the talent we have available here and how on the cutting edge of technology we are able to be here makes it an incredible place for us to invest. We do value how open and connected it is and we can bring in talent from anywhere in the world and we value those attributes and we are optimistic that those will stay true over time.”

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