Uber will not be granted a new licence to operate in London after repeated safety failures, Transport for London (TfL) has said.

The regulator said the taxi app was not “fit and proper” as a licence holder, despite having made a number of positive changes to its operations.

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.

London is one of Uber’s top five markets globally and it has about 45,000 drivers in the city. Overall, there are 126,000 licensed private hire and black cabs in the capital.

If its appeal is unsuccessful, some think Uber drivers would move over to rival ride-sharing firms such as Bolt and Kapten.”There would be competition that would fill that void quite quickly,” Fiona Cincotta, a market analyst at City Index told the BBC