Number of London black taxi drivers joining group action against Uber surges to over 12,000
Updated: Mar 31
A surge in London taxi drivers looking to claim back losses against ridehail giants Uber has been reported, with over 12,000 now registered for the group action.
In an unprecedented move, it is estimated that around 1,000 extra London taxi drivers have joined the claim for compensation recently with figures potentially reaching a staggering £250 million in loss of earnings.
This latest mobilisation follows the announcement that RGL Management has successfully secured £14.7 million in litigation funding, marking a significant escalation in the legal battle against the global giant.
The window for registration remains open until the end of May 2024, offering an opportunity for any licensed London taxi driver active between June 2012 and March 2018 to partake in what is being billed as a landmark group action.
This initiative represents a concerted effort to redress grievances for losses incurred during a period marked by intense competition and regulatory debates.
The potential payout for individual drivers could amount to up to £25,000 each, before fees. After deducting legal fees set at 27.5%, participants could see an estimated £18,000 windfall, a substantial sum reflecting the scale of the perceived losses.
The BULit21 campaign, spearheaded by RGL Management, has been instrumental in laying the financial groundwork necessary to sustain such a colossal legal challenge. Recent developments necessitated a complex restructuring of litigation funding mechanisms, particularly in light of a Supreme Court ruling last year that added layers of complexity to the case. Despite these challenges, RGL Management has announced that all necessary funding and insurance protections are now securely in place.
Mishcon de Reya, a leading law firm, is at the forefront of the legal proceedings, tasked with preparing the initial batch of claims for submission to the High Court. This move signifies a critical phase in the proceedings, highlighting the determination of London's taxi drivers to seek justice and compensation for the financial setbacks attributed to Uber's operations.
