Over the past decade, we have witnessed rapid sharing economy growth – an industry that has turned the concept of lending personal assets into a business model.
Described as the “Airbnb for left luggage”, CityStasher services a major travel need, enabling tourists to store their bags with local shops and hotels, effectively driving high street footfall.
By 2025, total transactions in the UK sharing economy could peak at £140bn, an increase from £13bn in 2016.
Sizeable economic and social changes are understandably met with scepticism, often resistance, and sometimes even hostility. But should we be scared of the sharing economy? Or, should we continue to welcome it with cautious optimism?
In an exclusive with Real Business, it’s been revealed that Sharing Economy UK founder Debbie Wosskow has stood down as chair, which will see the trade body join the CBI, effectively reflecting the sector’s importance to British business.
The sharing economy is on the rise and, while it has mixed feedback, there’s no denying the sector is full of entrepreneurial spirit.
The founder of sharing economy business TrustedHousesitters shares his journey from near death to success in a new industry.
While the sharing economy expands, how can we trust others with our belongings, services and time? Richard Laughton, CEO of easyCar Club, explores how the Internet of Things will help put people’s mind at ease and build an Internet of Trust.
Following acquisition last year, online cleaning service Hassle.com has now pushed into 11 new cities across the UK. The company’s MD Sam James has told Real Business that growth and awareness will be achieved with a voice that is both fun and memorable – two things you wouldn’t usually associate with chores.
Intuit QuickBooks research recently found that one of the biggest challenges for those who profit from the sharing economy was managing their taxes.
In what marks a world first, the UK’s sharing economy companies will have the opportunity to receive a stamp of approval in the form of a TrustSeal, which will act as a kitemark that signifies businesses are meeting good practice principles.
Uber has been on a money-raising streak and now has a valuation near £43.1bn, making it worth more than all but 11 companies in the FTSE 100. There’s absolutely no question about it, Uber is transforming the taxi industry at an unprecedented force – and you can learn lessons from the company without trying to be it.