Uber will raise prices by up to 20 pieces

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Uber will raise prices by a fifth on Tuesday, a new blow to those already facing higher public transport prices.

The company then raises costs a judgment of the High Court which compelled her to apply VAT.

This move will put additional pressure on household budgets in the midst of the cost of living crisis and is likely to reduce its position as a more affordable option than a black taxi.

Uber has not yet confirmed its new pricing structure, but the increase could reach as much as 20 percent if it tries to recoup the entire VAT bill. She said the details are commercially sensitive and that price rises will vary between cities.

The increase occurs after a 3.8% increase in rail tickets earlier this month, which added more than £ 200 to the cost of some annual season tickets.

In London, Mayor Sadiq Khan hit passengers at work the rise in the price of the subway, which has led to inflationwith an average of 4.8 percent, while some bus tickets will jump by 6.5 percent.

Uber was forced to raise prices following a groundbreaking legal ruling in December. The court said private rental operators in London should contract directly with passengers and not with the current legal regime in which passengers and drivers enter into a relationship.

Uber had previously cut 25 percent, with passengers contracting from drivers. She will now pick up the tickets herself and pay directly to the driver.

A Uber spokesman said: “We have completed changes to our business model as required by law. Other operators in London also need to change their models to comply with the relevant law.

“Uber operates in a highly competitive market and we are committed to always offering consumers affordable prices. As always, drivers will get the price of the trip before booking their trip.”

The company’s gross provisions in the UK in the first nine months of 2021 were $ 1.7 billion (£ 1.3 billion), which would mean an annual VAT bill of hundreds of millions of pounds if applied nationally. . London is by far the largest company market in the UK and one of the top five in the world.

Uber has established itself in the capital by offering cheaper rides than its competitors, but some users have complained that they now pay more than for black taxis.

Uber already raised prices last year due to a shortage of drivers after the Covid pandemic. The company November 2021 raised prices by 10 percent in London as he struggled with employment. This was the first price increase in 2017.

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