A soon to be unemployed London Uber driver is said to be regretting spending £900 on a brand new iPhone 8 earlier today.

Driver Martin Holmes was reportedly “smug as fuck” after making the purchase only to have his world turned upside down by news that Uber’s London license had not been renewed.

“What the fuck am I going to do now?” sobbed Homles moments ago. “Sure, I’ve got a pretty outstanding piece of technology in my pocket but what fucking use is it to me if I can’t pay my phone bill. Of all the days they could have announced this it had to be today.”

“Now, I’ve to go home to my wife and try to explain that I’ve spent all of my money on a phone that I didn’t even need,” said the dejected cabbie. “Or, I could nip into the bookies on my way and try to win the money I’ve spent back, that’s probably my best option.”

According to reports, Mr Homles isn’t the only person regretting forking out on the latest iPhone model.

Angie, from Scarborough, claims that her new iPhone is “a bit shit”, we spoke with her earlier, “It’s alright, it’s just a bit the same as the last one, if it had of only been £700 it wouldn’t be too bad but £900 feels like a bit of a rip-off, I’ll just have to make do it until the iPhone 9 comes out next year.”