Tag: Sharing economy

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Covid: Sunak mulls tougher VAT rules for Uber drivers and Airbnb landlords

Rishi Sunak is considering toughening up VAT rules for the Uber drivers and Airbnb landlords central to the rapidly expanding sharing economy as the Treasury considers ways of repairing the damage to the public finances caused by the Covid-19 pandemic. The chancellor has taken the first steps towards increasing the government’s VAT revenues with the…
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December 9, 2020 0

California passes Prop 22 in a major victory for Uber and Lyft

Sign up for the Guardian Today US newsletter Uber and Lyft have won a major victory in their battle to continue classifying drivers as contractors, not employees, following the passage of a ballot measure that exempts them from a California labor law. On Tuesday, voters in California passed Proposition 22, the most expensive ballot-measure campaign…
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November 4, 2020 0

Prop 22 explained: how California voters could upend the gig economy

It’s not often that the fate of an industry hangs in the balance during an election, but that is exactly what’s happening in California this November. Proposition 22, a proposal on the state ballot, is the result of a years-long battle between gig economy heavyweights like Uber, Lyft and Instacart, and their workers, who are…
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October 15, 2020 0

Uber and Lyft must classify drivers as employees, judge rules, in blow to gig economy

A California judge has issued a preliminary injunction that would block Uber and Lyft from classifying their drivers as independent contractors rather than employees. The move on Monday came in response to a May lawsuit filed by the state of California against the companies, which alleged they are misclassifying their drivers under the state’s new…
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August 10, 2020 0

With Uber’s future in doubt, how else might Londoners zip around town?

For London, Uber is not yet over. But last week’s decision by the capital’s transport authority to reject the global ride-hailing firm’s application to renew its licence has put its long-term prospects in doubt.


November 30, 2019 0

Stampede of the unicorns: will a new breed of tech giants burst the bubble?

Five years ago Aileen Lee, founder of Silicon Valley investor Cowboy Ventures, coined the term “unicorn” for a private company valued at more than $1bn.


March 30, 2019 0