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?
Bargains to be had as eBay transaction volumes hit record levels
As record amounts of unwanted Christmas gifts hit the online auction market there are some excellent bargains to be had on the likes of eBay with prices remaining relatively low due to excessive stock on offer. While you need to be very careful with whom you are dealing with on eBay, making use of the various rating systems available, there are some excellent bargains to be had as over £2 billion...Read More
Would you dare haggle over the price of a new car?
Many people believe that the UK car industry will come down from the current high in 2010 and will effectively be open to haggling by consumers. The car scrappage scheme has given the sector a massive boost during 2009 but this has now ended and the sector is trying to make up for the impact which the scrappage scheme has had on new car sales. So would you dare haggle over the price of a new car?...Read More
OFT calls for consumer protection from targeted Internet advertising
In a repeat of the situation we saw last year, consumers and businesses in the UK may well become the centre of attention with regards to new Internet advertising systems which effectively track websites accessed by individuals and target adverts towards relevant subject matters. There are growing concerns regarding privacy issues and the fact that individual browsing activity could be used in a m...Read More
Education fees could rise to £10,000 a year
The UK government will this week receive a report on the UK university fees system which is likely to recommend loosening the current cap of £3,290 on tuition fees and allowing universities to charge anywhere up to £10,000. There will also be a recommendation that universities themselves are allowed to keep all of the annual income which tuition fees provide and those who go above the £10,000 p...Read More
Marks & Spencer and the 1p sale
In celebration of the company's 125th birthday, Marks & Spencer will next week roll out 2 million products for sale at just 1p each. In order to highlight the company's origins as a penny bazaar we will see items such as purses, cufflinks, socks and sweets available across the UK sold for just one pence on a "when it's gone it's gone basis".
At a time when the UK retail sector is st...