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Uber to lose its license to operate in London; authorities cite 'deteriorating ...

Uber 's License to operate in London won't be renewed because its practices endanger public safety and security, the local regulator said Friday, in a blow to a company already facing big questions over its corporate culture.

"TfL considers that Uber's approach and conduct demonstrate a lack of corporate responsibility in relation to a number of issues which have potential public safety and security implications," the regulator said in a statement.

In its decision, Transport for London singled out Uber's approach to reporting serious criminal offenses and how it conducts background checks on drivers.

TfL also took issue with Uber's explanation of software that could be used to block regulators from gaining full access to the app and "prevent officials from undertaking regulatory or law enforcement duties."

Metropolitan Police Inspector Neil Billany suggested in a letter that the company was putting concerns for its reputation over public safety.

READ MORE (Chicago Tribune)

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