London Daily

Focus on the big picture.
Monday, Jul 13, 2026

Uber CEO insists drivers are getting 'higher cut of the fare hike' amid criticism over price increases

Uber CEO insists drivers are getting 'higher cut of the fare hike' amid criticism over price increases

Uber CEO Dara Khosrowshahi confirmed fare hikes in wake of pandemic

Uber CEO Dara Khosrowshahi responded to criticism of the company’s recent price hikes.

Khosrowshahi confirmed that customers are likely paying more for Uber rides after months of complaints circulating about unusually high wait times for rides and a surge in cost, but insisted its drivers are getting a higher cut of the fare hike, he tweeted Friday.

"Yes, you are probably paying more for rides, but drivers are getting a HIGHER cut of the fare hike," Khosrowshahi tweeted.

Hailing a ride has become more and more expensive for consumers in recent months as Uber and competitor Lyft deal with driver shortages stemming from the height of COVID-19. Prices for rides have spiked 40% nationwide, according to data from Rakuten. Cities like New York, Los Angeles and Chicago have been impacted in particular.


Harry Campbell, founder of The Rideshare Guy, a website for Uber and Lyft drivers, attributed the driver shortage to many still getting hundreds of dollars per week in unemployment, more than they would make driving, and noted that some drivers may still feel uncomfortable being in confined spaces with passengers during the pandemic.

Campbell also suggested that drivers are opting to work for third-party delivery services like DoorDash, Instacart and Uber Eats instead, where they have less interactions with customers and the pay is similar to what they'd make with rideshare companies.

"It will be some time before things get back to normal and there's going to be a reckoning this summer as many passengers start to travel and there is nowhere near enough drivers," Campbell told FOX Business in an email.

"I know that I'll be asking a family member to take me to the airport next time I need a ride instead of relying on Uber and Lyft and I've heard similar sentiments from many other passengers," he continued. "The services aren't nearly as reliable as they used to be and until drivers get off unemployment and hit the road again, customers should look to alternative methods of reliable transportation."

Newsletter

Related Articles

0:00
0:00
Close
World Cup Visitors Turn American Big-Box Stores Into Souvenir Stops
Netflix Weighs Always-On Channels, Bundles and Short-Form Video
Passenger Is Pulled Partly Outside Ryanair Jet After Window Fails Mid-Flight
Innovation-led growth strategy
Public service reform pressure
Defence and industrial security
Labour leadership transition and economic reset
Northern England Pushes for Greater Influence in Britain’s Future Economic Model
UK Technology Strategy Focuses on Life Sciences, Digital Innovation and Research Investment
Britain and United States Maintain Focus on Pharmaceuticals Cooperation and Industrial Growth
UK Public Services Face Continued Pressure as Government Promises Visible Improvements
Regional Economic Power Becomes Key Theme in Britain’s Next Political Phase
Britain Expands Support for Small Businesses as Firms Seek Better Access to Finance
UK Economy Remains Central Political Challenge as Cost of Living and Growth Concerns Persist
National Health Service Introduces New Workplace Reviews to Improve Conditions for Healthcare Staff
UK Life Sciences Sector Secures More Than Three Billion Pounds in Investment to Support Innovation
Britain Strengthens Defence Strategy as Security Concerns Reshape Military and Industrial Policy
Andy Burnham Promises Stronger UK Defence Industry and Expanded Domestic Production
UK Government Faces Difficult Spending Choices as Labour Leadership Transition Approaches
Rachel Reeves Warns Andy Burnham of Immediate Economic Challenges After Expected Leadership Change
Andy Burnham Prepares to Lead UK Government With Plans for Regional Power Shift and Economic Reset
Government Creates Emergency Support Scheme for Financially Struggling Universities
United Kingdom Replaces Traditional Farm Subsidies With Payments Linked to Environmental Performance
National Grid Reports First Week of Electricity Generation Without Fossil Fuels
United Kingdom Financial Regulator Introduces Tougher Capital Rules for Cryptocurrency Exchanges
Belfast Harbour Expands Operations to Attract Investment Through United Kingdom and European Union Market Access
Scottish Government Threatens Legal Challenge Over Westminster Cuts to North Sea Transition Funding
United Kingdom Accelerates Trans-Pennine High-Speed Rail Project Linking Northern Cities
United Kingdom Secures Ten Billion Pound Investment for Cambridge Quantum Computing Campus
Port Talbot Steelworks Wins Support for Green Hydrogen Transition and Protection of Industrial Jobs
United Kingdom Sends Royal Navy Carrier Strike Group to Indo-Pacific as Regional Security Focus Expands
National Health Service Expands Artificial Intelligence Diagnostics Across England to Reduce Screening Backlogs
United Kingdom Launches Fifty Billion Pound Infrastructure Fund to Accelerate Housing and Construction
UK Medical Chiefs Update Health Guidance to Promote Everyday Physical Activity
Office of Communications Keeps Wikipedia Under Review Under UK Online Safety Rules
UK Defence Ministry Expands Deep-Strike Capability Through Precision Missile Programme
Russell Group Universities Warn Funding Cuts Could Damage NHS Workforce Training
UK Parliament Calls for National Emergency Broadcast as Heatwave Conditions Intensify
UK and Netherlands Strengthen Naval Cooperation With New Amphibious Defence Partnership
UK Defence Ministry Joins International Missile Programme With One Hundred and Ninety Million Pound Investment
Bank of England Warns Middle East Conflict and AI Risks Could Pressure UK Economy
UK Government Introduces New Rules to Limit Foreign Influence in Political Donations
UK and France Prepare Naval Mission to Protect Shipping Through Strait of Hormuz
United States Pressures UK to Increase Defence Spending at NATO Summit
Bank of England Warns Artificial Intelligence Investment Boom Could Create Financial Stability Risks
Bank of England Begins Direct Oversight of Critical Technology Providers Supporting UK Finance
Andy Burnham Set to Become UK Prime Minister After Labour Leadership Race Clears Path to Downing Street
Scottish Fishing Industry Calls for Emergency Support Amid Rising Costs
UK Supports Stronger European Response to Russian Actions in Ukraine
Devon and Cornwall Police Release Suspect in Ann Widdecombe Murder Investigation
×