Government launches an independent review of the sharing economy.
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Peer2Politics
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on peer-to-peer dynamics in politics, the economy and organizations
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jean lievens
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The UK economy has been in difficulty since the 2008 financial crisis. Tough spending decisions have been needed to put it on the path to recovery because of the huge budget deficit left behind by the last irresponsible Labour government, showering its supporters with social benefit spending. Thanks to the coalition holding its nerve amid the clamour against cuts, the economy has finally recovered. True, wages have yet to make up the lost ground, but it is at least a “job-rich” recovery, allowing people to stand on their own feet rather than relying on state handouts.
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Increasingly regulated markets in Germany, New York and San Francisco present an opportunity for the UK to become the global capital for the sharing economy
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Today the UK government threw its weight behind the so-called sharing economy, epitomised by companies such as Airbnb and Zipcar, with the stated aim to make the country “the global centre for the sharing economy” and ensuring it can compete with Silicon Valley. To do this it’s ordered an “independent” review to look into policy and regulation issues and how to create a climate where the sharing economy can reach its potential in the UK.
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The review, led by Debbie Wosskow, the CEO of Love Home Swap, will unpick the policies and regulations that surround the sharing economy and present a route map for the development of sharing economy in Britain, said the Department for Business Innovation and Skills.
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The Government is to launch a major new initiative designed to place the UK at the centre of the global £9bn “sharing economy”.
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The Bank of England released a report today after what it termed a lengthy investigation about digital currencies like Bitcoin. The report described cryptocurrencies and even went as far as saying that the idea was essentially ingenious and then moved on to talk about these currencies in present tense, describing its current market penetration. The report was prepared by four of the bank’s officers: Robleh Ali of the Bank’s Financial Market Infrastructure Directorate, John Barrdear of the Bank’s Monetary Assessment and Strategy Division and Roger Clews and James Southgate and was included in the Bank’s Quarterly Bulletin.
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Fab Lab London is a community workspace that allows anyone to make (almost) anything! It provides access to the tools, knowledge and financial means to educate, innovate and invent using technology and digital fabrication and is part of a global network of fabrication spaces affiliated with MIT.
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Yes, they have jobs … but the five people featured here are typical of millions who have no security, no holiday or sick pay, limited hours, and no dignity at work, writes Yvonne Roberts
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A four-day protest organized by the UK-based hacktivist collective Anonymous has begun outside Britain’s Government Communications Headquarters (GCHQ), backing a legal challenge against the mass surveillance agency.
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Surprise, surprise, Britain is ruled by an elite of like-minded people from the same middle-class backgrounds. According to the commission on social mobility and child poverty, this should be a “wake-up call”. Something must be done urgently “or nothing will change”. Merit is outgunned by class. Elite recruitment must be “background blind”.
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The UK government's innovation agency, the Technology Strategy Board, has announced a further £1.6 million investment in the HyperCat standard, which enables everyday objects to communicate with one another
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You are reading an article fromtheUnderstanding the sharing economy series, to read more about this you can visittheseries homepage. It appears as though the idea of the sharing economy has come a long way in the UK over the last year.
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Companies such as Airbnb, Uber and Taskrabbit typify ‘sharing economy’ that government says could be important - but review only asks for views from consumers and business.
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The UK government is looking to “open doors” for the sharing economy and make the country a global centre for businesses such as Airbnb and ZipCar. -
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A company in Brighton believes that putting 3D printers in every school will increase the number of children studying STEM subjects.
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You are reading an article fromtheUnderstanding the sharing economy series, to read more about this you can visittheseries homepage.
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Yes, they have jobs … but the five people featured here are typical of millions who have no security, no holiday or sick pay, limited hours, and no dignity at work, writes Yvonne Roberts
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IT IS 3D is the leading 3D technology company for education in the UK.
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The UK’s fast-growing “sharing economy” could be worth £9 billion by 2025, according to a new report from PwC.
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The top five sharing economy sectors could generate £9bn of UK revenues by 2025 as advances in technology, resource scarcity and social change start to interact with each other, according to new analysis by PricewaterhouseCoopers (PwC).
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