Like New York City’s yellow cabs, London’s black cabs were once the only choice for individuals’ public above-ground transportation. People took the Tube, a bus, or a cab. But competition from ride-sharing services such as Uber has eaten into the taxi business. London mayor Sadiq Khan promised to reverse this progress back in March when he said, “I will be a mayor that begins the renaissance of the black taxis. They’re iconic — we saw the closing ceremony at the Olympics, what a role they had. I don’t want the black taxi to go the way of the red telephone box.”
Read more at: http://www.nationalreview.com/article/441018/uber-london-mayors-plan-overregulate
