“At Underthedoormat, we manage homes with personality and character when the homeowner is away, helping them earn extra income from their most important asset. We work with business travellers and tourists from around the world, providing a local experience when they visit London,” said Merilee Karr, CEO and founder of Underthedoormat.com.
“The findings of the recent Cebr research show that the sharing economy is booming. As a team we value the right tools and technology to stay flexible in managing the changing seasonality in demand alongside our rapid growth as a company.”
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Ben Dowd, O2 Business director, said: “It’s encouraging to see the variety of growth industries in the UK, suggesting renewed economic confidence and a vibrant startup scene.”Elsewhere, the report found that the entertainment industry tops the list for industries experiencing decline, with film production and TV programmes among the sub sectors. This is said to be a result of pressure from competing US firms. Manufacturers were also found the second most “at risk” sector, followed by postal services in third. Retail is also a market in decline, which supports February research from the British Retail Consortium that found 900,000 jobs in the industry will be cut across the country by 2025. Britain’s top ten declining industries are: (1) Motion picture, video and television programme production, sound recording and music publishing (2) Other manufacturing Sub-sectors: Sports equipment, medical instruments (3) Postal and courier activities Sub-sectors: Postal activities under universal service obligation, licensed carrier (4) Water transport Sub-sectors: Inland freight water transport, sea and coastal passenger support (5) Manufacture of wood products, excluding furniture Sub-sectors: Wooden containers, builders’ carpentry and joinery (6) Retail, excluding motor vehicles Sub-sectors: Books, games and music (7) Manufacture of chemical products Sub-sectors: Fertilisers and plastics (8) Manufacture of basic metals Sub-sectors: Copper and aluminium (9) Printing media Sub-sectors: Printing of newspapers, binding services (10) Programming and broadcasting Sub-sectors: Radio Dowd added: “As the Business Essentials report shows, increased innovation and competition can result in some sectors struggling to cope with the pace of change.” As inspiration to succeed and defeat failure, check out the UK’s ten wealthiest business moguls as revealed on the Forbes billionaires list 2016. By Zen Terrelonge
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