Demand for Uber sees 20,000 new drivers sign up in the UK

Published

3 years ago

April 29, 2021

Ahron Young

One of the world’s biggest ride-sharing apps has seen an increase in demand for new drivers.

Its UK driver network has now increased to 90,000 as cities open up and people start moving again.

The ride-hailing app has seen a 50% increase in trips since lockdown rules changed on April 12.

Demand is expected to rise more over the summer as restrictions are eased further.

Uber drivers within Britain recently were made employees of the ride-share company, following the rideshare company losing a five-year legal battle to avoid doing just that.

In 2016 two British Uber drivers successfully argued before an employment tribunal that Uber was wrong to treat them as independent contractors.

The tribunal ruled they were “workers” under British employment law, with rights to entitlements including a minimum wage and holiday pay.

Then rideshare company now pays employees within the UK a wage of £8.72 an hour instead of a fee per ride, though only for the times’ drivers are transporting customers.

The integral step to entering the property market

Published

21 hours ago

May 20, 2024

ticker NEWS

In the debate surrounding housing affordability, a divergence emerges between media portrayals and stark realities. While the crisis is often depicted as insurmountable, critics argue that individuals tend to blame external factors rather than taking personal responsibility.

Despite challenges, advocates urge a shift from despair to possibility, emphasizing personal agency and proactive pursuit of homeownership goals. Thus, while acknowledging the hurdles, reframing the discourse empowers individuals to navigate the housing market with resilience and determination, making the dream of owning a home a tangible reality for those willing to seize it. #Trending #Featured

Money

LA real estate agent reveals the secret to success

Published

21 hours ago

May 20, 2024

ticker NEWS

What does it take to be a top performing real estate agent?

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark delves into the fast paced world of LA luxury real estate with renowned agent, Glen Coutinho from Rodeo Realty Beverly Hills. #wyld money #trending

Money

Why the meme-stock frenzy is unlikely to repeat

Published

7 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending