New analysis from PwC determines total revenues for the five most prominent sharing economy sectors – peer-to-peer (P2P) finance, online staffing, P2P accommodation, car sharing and music/video streaming – could rise to around £9 billion in the UK by 2025, up from just £0.5 billion today. Globally, revenues from these sectors could hit $335 billion… Read more
The Unlocking the Sharing Economy review led by Debbie Wosskow, chief executive of Love Home Swap, was commissioned in September by the UK Government’s Department for Business, Innovation and Skills.
New UK trade body for sharing economy businesses, UKShareCo, hopes to ensure both vendors and customers can be certain of each other’s trustworthiness. The announcement comes as a government review is underway into the sharing economy. UkShareCo is chaired by Sooqini’s CEO Raj Singh. Member companies include Sooqini, GoCarShare, RentMyItems,OpenPlay, Hire Space, StreetPin, JustPark, storenextdoor, andRentez-vous…. Read more
This excerpt is reposted from the eRated blog. Written by Matthew Godwin How do we keep users safe? What role should the government play as regulator? Can marketplaces really police themselves? These were just some of the questions in a free-flowing discussion of the challenges and opportunities facing the sharing economy in the months and… Read more
We scour the internet to find the most interesting news on the collaborative consumption front. Here are our picks for the week: UK Gov’s “Independent” Review Of Sharing Economy To Be Led By Sharing Economy Startup CEO Steve O’Hear, TechCrunch Blog Today the UK government threw its weight behind the so-called sharing economy, epitomised by… Read more
We scour the internet to find the most interesting news on the collaborative consumption front. Here are our picks for the week: Report: Making Sense of the UK Collaborative Economy 25% of the UK population took part in the collaborative economy over the last year according to a report by Nesta UK and Collaborative… Read more
Over the last few years, we have observed the rapid growth in popularity of collaborative economy companies all around the world, and while we learn more and more about this shift every day, a number of big questions have remained unanswered, such as exactly who is participating in this new economic activity? Why do company founders… Read more
The new report, Making Sense of the Collaborative Economy, from Nesta UK in collaboration with Collaborative Lab, aims to answer some big questions regarding this new economic activity, focusing on the UK context. Read the report here.
Uber said there had been an 850 percent increase in new users, following a rush of publicity as London’s black cabs went on strike against the company on the afternoon of June 11 causing gridlock to the city centre. Organisations including the Rail and Maritime Transport union (RMT), London Cab Drivers Club (LCDC) and the… Read more
Richard Laughton is the CEO of easyCar, UK’s largest peer-to-peer marketplace for cars available to rent by a community of pre-vetted members. In this interview, Richard reveals the secret sauce of easyCar’s success in the UK market and his favourite club member story so far. 1. How can someone rent a car through easyCar Club?… Read more