TfL launch night overground services

Transport for London officially launched its night time services for the London Overground. From December 15, trains are available to travel on 24 hours a day, 7 days a week. The launch signals the beginning of services which run between Dalton Junction and New Cross Gate. The night tube has been proven to be a huge success with more than 9million journeys being completed which have equated to over £170million for the capitals economy, according to reports in the Rail Technology Magazine . The Mayor of London, Sadiq Khan said:  

“It's absolutely fantastic that we have got the Night Overground up and running in East London, building on the huge success of the Night Tube.

“Londoners and visitors alike will be able to use the service to help them enjoy everything that this buzzing part of the city has to offer as well as providing a significant boost to the night-time economy.”

What does this mean for the licensed London taxi trade that are already competing with a 24/7 underground service and ride-hailing apps such as Uber, who continue to operate while they appeal a decision to not issue them a new operating licence by Tfl?