Move to green energy hitting fuel poverty suffers
Those at the very bottom of the UK income spectrum are being hit disproportionately hard when it comes to investment in green technology and green energy. This is the conclusion of a report produced by the government's Fuel Policy Advisory Group which will force the UK government to think again about the green energy policies which are currently in place. But why should green energy cost more?
The truth is that the UK does not at this moment in time have an adequate framework to produce green technology and green energy at an affordable price. So UK taxpayers are yet again being milked to cover the initial investment in green technology and green energy which has led, and will continue to lead, to a significant increase in forthcoming energy costs. It is believed that energy costs in the UK could rise by as much as 50% in the short term and are unlikely to fall even when the green energy framework is in place.
Why is it that the introduction of a new technology always leads to higher taxes and higher costs for UK consumers and UK businesses? It seems that corporate UK is willing to take the benefits of these moves but in many cases is unwilling to take on initial setup costs?
Will you be changing your spending habits?
Now that the UK government's emergency budget is out of the way we can start to see how these changes will impact upon the everyday life of people in the UK. Despite the fact that many of us may not intentionally change our spending habits there is no doubt that such basic changes as an increase in VAT will mean less money in our pockets. So will you be changing your spending habits? The truth...Read More
Tesco third-quarter update due this week
Analysts are awaiting the third-quarter update from retail giant Tesco this week with many forecasting that the company has turned the corner and is back on the upward trail after a difficult few months. However, confirmation that Tesco has recently forwarded 2010 discount vouchers to customers early, in order to catch the Christmas trade, has set some alarm bells ringing with a suggestion the com...Read More
Childcare costs rise 6pc in 3 Months
The cost of childcare is on the rise, and has gone up by 6pc in the last three months alone, according to childcare website Findababysitter.com. The report revealed that of those parents who are currently unemployed, 25pc wished to return to work but couldn’t afford to have their children cared for. As well as this 55pc mentioned that they thought the government was not doing enough to provi...Read More
Summer vets bills could soar
Pet owners will have to spend more on vets bills during the summer than the winter, the British Small Animal Veterinary Association (BSAVA) revealed.The fact that skin problems in animals are more likely to occur during the summertime means that pet owners could have to get vaccinations for their furry friends, particularly if they plan on putting them into a cattery or kennel while they go on hol...Read More
Royal Mail plans for 16,000 redundancies
It has been revealed that secret plans by the Royal Mail could see up to 16,000 jobs at the company under threat in the short term. The revelations, so far denied by directors of the Royal Mail, show an overall intention to save approaching £500 million from the company's cost base. Many consider the government's plans to sell off part of Royal Mail and revelation about 16,000 potential job losse...Read More