
Less than half a year after its acquisition by a heavyweight investment consortium, taxi app Gett is in advanced negotiations to offload its UK operations to a local competitor for approximately $50 million.
The move, first reported by Calcalist, marks a swift strategic pivot by the new owners to shed the loss-making British wing and consolidate the company's position in its home market.
The negotiations are being spearheaded by Gett Chairman Ran Guron, following the $188 million acquisition of the company last August by a consortium including Leumi Partners, Mizrahi Tefahot, and the Phoenix.
While Gett maintains a significant presence across major UK cities, including London, the division has struggled to find its footing. The UK operations "have been unprofitable for most of the past several years," and the new ownership group reportedly agreed even before the takeover was finalised that the "UK activity should be sold."
If the $50 million deal crosses the finish line, it would significantly de-risk the investment for shareholders. Following the sale, Gett would retain only its Israeli operations, holding "net assets of roughly $70 million."
The decision to focus exclusively on Israel comes at a volatile time for the domestic market. Transport Minister Miri Regev is currently moving to facilitate the entry of ride-hailing giant Uber into Israel - a move that poses a direct threat to Gett’s dominance.
Reports suggest the Ministry of Transport is targeting a September 2026 launch for Uber. This looming competition "could erode Gett’s revenue, given its position as the largest player in the local taxi market."
While the UK sale offers a quick injection of capital, Gett must now prepare for a high-stakes battle on its home turf as the Director General of the Ministry of Transport continues "examining the implications of Uber’s entry into the Israeli market."

David Harrison, of Bilston, appeared at Wolverhampton Magistrates Court in connection with the death of "39-year-old taxi driver, Harun Khan almost 18 years ago."

Members of Fife Council’s Regulation and Licensing Committee heard that random inspections were carried out over three evenings in November.

Anthony Burns, 63, was travelling at approximately 56mph on July 11, 2024, when he failed to notice stationary traffic near Warrington. 

Wajid Hussain, 46, founder of First Airport Taxis, transitioned from a career as an IT developer to a business mogul after identifying chronic reliability issues at Luton Airport.

Residents and commuters are being invited to have their say on a new "Hackney Carriage Table of Fares" as Watford Borough Council moves to update taxi tariffs for 2026.

At a meeting on Monday, January 12, Rother District Council’s Licensing and General Purposes Committee threw its support behind proposals that introduce new triggers for disciplinary action.

Black cabs will be granted "exclusive access to the under-cover pick-up area" directly by the station doors, while private hire vehicles are set to take over the current public set-down zone.

Under the new proposals, the initial "flag fall" for standard journeys (Tariff 1) would climb from £3.50 to £4.00, while the higher Tariff 2 rate would rise from £4.00 to £4.50.

The incident occurred outside the Royal British Legion’s Tidworth branch at approximately 11:30 pm on December 27. 

Mohammed Kharal, 42, stood trial facing two counts of sexual assault allegedly committed on August 28, 2022.

Despite a two-hour session of the authority’s executive board and a "barrage of questions" from drivers and opposition councillors, Labour members voted to maintain the status quo.

A late-night dispute over a taxi fare turned violent in the early hours of January 4, leaving a local driver "shaken" after being struck in the face.

This is about fixing the Manchester private hire industry — something everyone says they want.

A red Seat Leon collided with a Citroen C4 Picasso taxi in Wigan Road, Bolton in the early hours 11 January, Greater Manchester Police (GMP) said.

Two private hire drivers have been hit with nearly £1,900 in combined penalties after separate incidents where they refused to transport passengers with assistance dogs.

Taxi and private hire drivers, operators and wider stakeholders are being invited to share their views on proposed changes to licensing fees, as West Northamptonshire Council.

Samir Jamshidi pleaded guilty at Cheltenham Magistrates’ Court to operating a private hire vehicle without a licence and driving without insurance between May 9 and June 1, 2025.

A mounting backlash against Slough Borough Council’s environmental crackdown has culminated in a 1,517-signature petition, forcing a mandatory council debate over the future of the town’s taxi fleet.

Keith Auld, a taxi driver and Unite trade union representative, has sounded the alarm over the practice known as “seagulling,” where PH drivers pick up passengers directly from the street. 

With several long-standing competitors selling out and a growing number of out-of-town vehicles flooding Manchester’s streets, the firm says local licensed drivers are pushed aside in their own city.
