London Daily

Focus on the big picture.
Friday, Sep 11, 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
English Councils to Gain Power to Introduce Tourist Taxes by 2028
Kemi Badenoch Reshuffles Conservative Shadow Cabinet
Firefighters Make Progress Containing Major Wildfires in South Wales
John Lewis Partnership Reports £124 Million Loss
Study Says UK AI Data Centres Will Create Only a Quarter of Forecast Jobs
UK Government Considers Higher Industrial Water Prices Amid Supply Pressures
Andy Burnham Holds First Call With Donald Trump as UK Prime Minister
NHS Records Busiest Summer on Record as Heatwaves Drive Hospital Admissions
Home Secretary Orders Police Crackdown on Far-Right Anti-Migrant Vigilantes
UK Supreme Court Rules Northern Ireland Religious Education Curriculum Breaches Human Rights Standards
Markets Price in Four Bank of England Rate Rises by Next Summer
House of Commons Prepares Free Vote on Assisted Dying Bill
UK Government Bans Trade With Israeli Settlements in Occupied Territories
UK Economy Grows 0.4% in July as Artificial Intelligence Investment Supports Expansion
Andy Burnham Becomes UK Prime Minister After Keir Starmer Resigns
John Lewis Partnership Loss Widens to £124 Million
UK Government to Put White Working-Class Social Mobility at Centre of Equality Policy
McLaren Plans £450 Million Technology Investment Creating 1,000 UK Jobs
UK Chancellor Faces Calls for Wealth Taxes and Public Ownership in Autumn Budget
English Mayors to Gain Powers to Impose Uncapped Overnight Tourist Taxes
JPMorgan’s Jamie Dimon Warns UK Government Against Bank Windfall Taxes
UK Air Traffic Control Outage Cancels More Than 2,000 Flights
UK Imposes Trade Ban on Israeli Settlements in the West Bank
UK Borrowing Costs Surge as Middle East Tensions Push Long-Term Gilt Yields to Highest Since 1998
Buckingham Palace Says Prince Harry and Meghan Will Not Resume Official Royal Duties
UK Treasury Faces Calls to Scrap £100,000 Childcare Support Threshold
Trades Union Congress Urges Labour Government to Rewrite Migration Policy
Riot Police Deployed After Anti-Migrant Protests Turn Violent in Portsmouth
UK Considers Replacing Some Disability Cash Payments With Direct Services
JPMorgan’s Jamie Dimon Warns UK Chancellor Against Higher Banking Taxes
UK Announces New Sanctions Targeting Israeli Settlements in West Bank
Metropolitan Police Investigate Alleged Illegal Donations to Reform UK
UK Charges Wiltshire Man With Assisting Russian Intelligence
UK Orders Urgent Review After Air Traffic Failure Cancels More Than 2,000 Flights
Merz Rebukes AfD Expansion in Saxony-Anhalt
King Charles Confirms Prince Harry and Meghan Will Remain Private Citizens
Labour Selects Former Child Refugee for By-Election in Keir Starmer’s Former Seat
Foreign Private Equity Accelerates Takeovers of London-Listed Industrial Companies
NHS Maternity Care Faces Scrutiny Over Support for Mothers After Caesarean Births
BBC Warns Staff Strikes Are Likely Amid Job Cuts and Programme Cancellations
English Housing Affordability Improves to Best Level in More Than a Decade
UK Health Commission Proposes Framework for Wider AI Adoption Across NHS
Labour Faces Pressure for Wealth Tax Ahead of Autumn Budget
Metropolitan Police Open Criminal Investigation Into Alleged Foreign Donations to Reform UK
UK Police Deploy Riot Officers After Anti-Immigration Unrest in Portsmouth and Dover
UK Defends Sanctions on Israeli Settlements Despite Diplomatic Retaliation
UK Air Traffic Control Failure Cancels More Than 1,000 Flights and Disrupts 65,000 Passengers
Compass Urges £10 Million Wealth Tax and Public Ownership Ahead of UK Autumn Budget
UK Government’s Devolution Plans Face House of Lords Scrutiny
Maldives Seeks New Chagos Sovereignty Talks With UK Prime Minister Andy Burnham
×