Business Matters

Uber loses London licence

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Synopsis

Uber initially lost its licence in 2017 but was granted two extensions, the most recent of which expires on Monday. The firm will appeal and can continue to operate during that process. We talk to Shona Ghosh, UK technology editor for Business Insider, about what this means for the company. Meanwhile, the chief executive of Australia's third-largest bank, Westpac, has resigned following investor pressure. The bank was last week accused of 23 million counts of breaching anti-money laundering rules. We talk to the BBC's Phil Mercer in Sydney about the reaction. (Image: The Uber App - Picture credit: Getty Images)