They already had a warning shot four months ago, when their license renewal was denied in favour of a temporary renewal for four months. This one is the next step in the process.
Uber isn't magic - if there's pent-up demand for a company that fills Uber's boots, one will pop up. The issues TfL have with Uber aren't to do with the service they provide, it's failing to comply with TfL's administrative requirements. You could easily build a company that does what Uber does in London without the hate for local Government that is ingrained into Uber's culture - and there already are a number of minicab companies that do what Uber does, just minus quite as fancy an app.
Uber isn't magic - if there's pent-up demand for a company that fills Uber's boots, one will pop up. The issues TfL have with Uber aren't to do with the service they provide, it's failing to comply with TfL's administrative requirements. You could easily build a company that does what Uber does in London without the hate for local Government that is ingrained into Uber's culture - and there already are a number of minicab companies that do what Uber does, just minus quite as fancy an app.