The realities of the Uber economy.

Picture the situation in London. Rent is £1000 a month for a small flat. The tenant is a driver for Uber. Now this person works all day as a self employed driver. They earn about £9 a hour.

One then  has to look at the real picture. So they have to run the car, fuel it, pay for wear and tear on the car, such a tyres.

Then they need to pay themselves a wage. The income is based on picking up passengers. It is not constant.

Wages are low. Tax collected then by the government is low. National Insurance collected by the government is low.

Rent paid by the driver is high, at £1000 a month. The numbers do not work.

Living standards are falling. Taxes collected by government to pay for key public services are falling. People are just making a living.

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