Shiply, an online transport marketplace, has reported a 40% decrease in people moving to London in 2022 when compared to 2021. The decrease is attributed to the high cost of living and rental prices in the capital city.
Founder of Shiply, Robert Matthams, commented on the data: “With the COVID-19 pandemic no longer affecting us as it was, we would have expected to see more Britons moving back to the capital. However, until the soaring rent prices and the increased cost of living become more manageable people will remain hesitant to make the move – I would expect to see this downward trend continue until the cost of living decreases”.
Shiply, established in 2008, enables users to list their house move requests on the website and receive multiple quotes from removal companies. Prices on the platform are up to 75% cheaper than standard rates, in some cases, costing only a few hundred pounds rather than a few thousand through traditional methods.
The company also aims to reduce wasteful CO2 emissions by connecting people needing to move goods with transport companies going there anyway. With over 25% of lorries and vans running empty of cargo and 50% running only part-full, the Shiply platform has the potential to dramatically cut down on emissions while increasing the profitability of transport companies.
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