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Uber drivers in London warn of financial ruin for thousands of families

Drivers worry about how they will feed their families and service thousands of pounds of debt racked up to buy cars

Thousands of families are facing financial disaster after Transport for London made the shock announcement the company’s minicab operating licence will end in just over a week, unless it appeals.

A few voiced satisfaction that a company which they claim had flooded the market with cheap labour, driving earnings below the level of the national minimum wage, could be forced out of the capital. But most were anxious about how they would feed their families and service thousands of pounds of debt racked up to buy cars.

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