Monday, October 23News For London

Business

Brixton shopkeepers fear eviction

Business
National Rail's redevelopment of Brixton and an increase in parking rates has local shop owners fearing for the future.  By Danae Diz. Sub Editor Hayley Daen. National Rail, which is a landlord for a number of retail premises along Brixton Station Road and Atlantic road, is seeking to redevelop the area. Local shop owners who are based under the railway arches are currently faced with eviction and no place to go. The gentrification of Brixton is not the local shop owners' only problem. Parking prices in Brixton have tripled in the last three years. The cost of an hours parking has risen from one to three pounds an hour. Traders are finding that not only is it too expensive for them to park whilst they are at work but also too expensive for their clients, resulting in them shoppi
‘Buying and shipping’ army makes healthy profit

‘Buying and shipping’ army makes healthy profit

Business, Student
Customers of health food shops, such as Holland & Barrett, may be surprised to find that some products are sold out. What they don’t know is these products may have been purchased, carefully wrapped, and dispatched to China. By Qiwei Wang. Sub-Editor Tara Mearsheimer Xiaoyu Lin, a 21-year-old student in London, is  part of a ‘buying and shipping’ army in the UK. The products can be sold at a higher price to customers in China, meaning that Lin can gain a healthy profit. “I started doing this three years ago when I arrived in London. At that time I was just interested in the way it works and had some spare time to earn extra money,” said Xiaoyu, who has an online shop selling mainly cosmetics and nutrition supplements. Glancing at the unpacked bottles and boxes of different s