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?
Is the UK facing a blackout as strike action intensifies?
It has been revealed that a number of wildcat strikes will come into effect over the next few days across Britain's oil and power plants. These illegal actions are in support of workers at the Lindsey oil refinery where hundreds have been sacked after taking action to support their colleagues. The unions have been very vocal in their attempts to rectify the situation but so far they have been unab...Read More
Price of rail tickets to fall next year
The UK government has today confirmed that regulated train routes will see season tickets fall by around 0.4% next year as the retail price index remains in negative territory. While this is a very well received development for UK travellers it places yet more pressure on the UK rail network with more investment required and costs continuing to mushroom. So who will pay the shortfall?
Voucher codes and promotions
If the Internet has done one thing for consumers in the UK and around the world it has brought consumers and businesses much closer together. The opportunity for businesses to literally "enter your front room" has been grasped with both hands but are UK consumers making the most of the online goldmine which lies before them?
We have seen a massive increase in voucher code and promot...
Russian authorities ban export of grain
The Russian authorities have been forced into introducing a ban on the export of grain after severe droughts in the region effectively wiped out much of the supply available in Russia. There are now concerns that the ban from the Russian government will impact on the world wide grain market as immediately after the announcement there was a 7% increase in the price of the commodity. The Russian...Read More
UK government confirms fuel tax rise on April Fools' Day
While we may be enjoying the fun and frolics of April Fools' Day it is no joke for UK motorists with a 2.12p a litre fuel tax rise levied on their petrol and diesel from today. Even though the UK authorities delayed the implementation of the fuel tax increase it is estimated that the rise will cost each and every family in the UK around £54 a year. This comes at a time when it has never been more...Read More