The rise in insecure work is costing the Exchequer £4bn a year, warns the TUC February 14, 2017 The sharp rise in insecure work across the UK is costing the government – to the tune of nearly £4bn a year in lost tax income and benefit pay-outs. That's according to the Trades Union Congress (TUC), which says that total represents nearly a quarter of the social care budget spent in England. Its new [...]
The Square Mile wants a ban on all diesel minicabs by 2020 January 4, 2017 Leaders in the City are calling on the Mayor of London to ban diesel mincabs in the capital in a bid to reduce pollution. The City of London Corporation wants Sadiq Khan to ban all diesel vehicles used by companies such as Uber and Addison Lee by 2020. New licenses would not be given to [...]
Now you can use Apple Pay in Ireland – just swipe your iPhone March 7, 2017 iPhone owners in Ireland rejoice – you can now get on board with Apple Pay and just swipe your phone (or Apple Watch) to make a purchase. The tech giant has launched the payment service in its sixth market in Europe, supporting Irish banking customers with Ulster Bank and KBC as well as Boon, an app [...]
Minicab drivers in London are protesting against English language tests December 8, 2016 Minicab drivers in the capital will protest today against new rules on language tests which have been called "completely unfair". Drivers, represented by GMB union, will demonstrate at City Hall against the introduction of English language requirements by Transport for London. Hundreds of drivers are expected to turn out to protest against the "ludicrously priced" exam. All [...]
Tax rise on national insurance “modest but welcome” says IFS on chancellor Philip Hammond’s Budget March 9, 2017 Moves by chancellor Philip Hammond to increase national insurance tax on the self-employed are “modest but welcome”, according to an influential economics think tank. Paul Johnson, head of the Institute for Fiscal Studies (IFS), said the tax increase will help “shore up the tax base and create a slightly less unequal playing field.” The increase [...]
We’ve hit peak gig economy, according to JP Morgan November 15, 2016 The number of people racing to make money from driving an Uber, offering their services on TaskRabbit or renting out a spare room on Airbnb has peaked, according to one top investment bank. Growth in the number of people participating in the gig economy has slowed and is now plateauing, new research from JP Morgan has [...]
Addison Lee pumps £7.5m in to training after splashing out on new cars November 29, 2016 London private car hire firm Addison Lee is pouring £7.5m in to driver training. The company – which is battling against US upstart Uber for market share – claims it’s the largest ever private investment in driver training in the industry. The fresh spending follows Addison Lee plugging £17m into new cars earlier this month, purchasing [...]
Media mogul Arianna Huffington is joining the board of ride-hailing service Uber April 27, 2016 Media tycoon Arianna Huffington will join the board of directors of the ride-hailing app service Uber. Travis Kalanick, Uber's chief executive, announced Huffington's appointment to Uber, which was launched in 2009, in an article on The Huffington Post. "For those of us who know Arianna, it's clear she knows a thing or two about being an entrepreneur," [...]
The man leading a major review of workers rights thinks National Insurance rise is progressive March 12, 2017 The man put in charge of a major review into workers rights and the rise of the gig economy has called the chancellor's election pledge-breaking rise in National Insurance for the self-employed "progressive" and "economically rational". "As tax rises go, this is broadly progressive," said Matthew Taylor, the head of the Royal Society of Arts [...]
As Walmart trial runs deliveries with Uber, Lyft and Deliv, here’s XXXX times big businesses got in on the sharing economy June 4, 2016 NULL