US taxi firm Uber is prepared to make concessions as it seeks to reverse a decision by London authorities not to renew its license in the city, which represents a potentially big blow for the fast-growing company, The Sunday Times reported. The newspaper also quoted sources close to Londons transport body as saying the move was encouraging and suggested the possibility of talks. "While we havent been asked to make any changes, wed like to know what we can do," Tom Elvidge, Ubers general manager in London, told the newspaper. "But that requires a dialogue we sadly havent been able to have recently." A spokesman for Transport for London (TfL) declined to comment. The newspaper said Ubers concessions were likely to involve passenger safety and benefits for its drivers, possible limits on working hours to improve road safety and holiday pay. TfL stunned the powerful US start-up on Friday when it deemed Uber unfit to run a taxi service for safety reasons and stripped it of its license from Sept. 30, although the company can continue to operate while it appeals.