Uber pays London a license fee of just 12 cents per car, and the city has had enough

London’s transport authority is overhauling the licensing fees it charges private car hire companies like Uber. It launched a public consultation April 20, proposing new fees that would add millions of pounds to Uber’s licensing bill.

That makes sense, because under the current scheme, Uber appears to pay an absurdly low fee. Assuming each of its 30,000 drivers in London have a licensed vehicle, it pays just nine pence per car (US$0.12) over the duration of the existing five-year...

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