London, Nov 26 (IANS): Ride hailing giant Uber will not be given a license to operate in London after repeated safety failures, according to the Transport for London (TfL) as the company was found not to be "fit and proper" as a licence holder, the media have reported.

Uber has said it will appeal the decision.

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, the BBC reported on Monday.

The cab aggregator was first stripped of its operating license in September 2017 over a "lack of corporate responsibility," but the most company's recent problems involve loopholes in the firm's driver verification system.

According to TfL, Uber has been working to combat fraud committed by drivers, but it's not clear that Uber has done enough.

London is one of Uber's top five markets globally and it has about 45,000 drivers in the city.

If its appeal is unsuccessful, some think Uber drivers would move over to rival ride-sharing firms such as Bolt and Kapten, the report added.