Uber has warned it may not remain profitable in the UK because of rising costs despite its revenue surging by more than £1bn.

LONDON (Reuters) -Uber's rival taxi operators in England and Wales will not face a 20% VAT charge on their profit margins outside of London after the ride-hailing firm lost its appeal on Tuesday ...

Uber has lost its operating licence in London after a shock ruling by the capital’s transport body. The ride-hailing app will no longer be able to offer services in their current form within the M25, ...

The giant ride-hailing and food delivery company said it may need to 'increase revenue substantially to achieve profitability ...

On Friday London’s transport regulator stripped Uber of its license to operate, effective from the end of the month. TfL accused the firm of being “not fit and proper” to hold a private hire operator ...

Private hire firms outside of London currently do not have to charge VAT on journeys as drivers are classed as self-employed ...

Uber has had its right to operate in London extended for two months - the shortest licence of its kind ever issued by TfL. The transport body refused to grant Uber a full five-year licence and ordered ...

Despite some of its drivers taking customers on some questionable detours around London, Uber is still innovating and leading the taxi-hailing game. That spot at the top of the pyramid could be about ...

Uber has announced the launch of Courier in the UK. The new platform is an on-demand delivery service designed to help busy individuals and small businesses to tackle everyday errands and deliveries.