BT wants a slice of the smart energy meter market
BT has today announced plans to become involved in the UK smart energy meter market via a partnership with Arqiva and Detica. This will be via a bidding process which the UK government is administering at the moment in relation to a radio network which would allow companies to communicate with 28 million homes and small businesses in the UK which will have smart energy meters installed over the next decade.
BT will be fighting it out with companies such as Vodafone and Orange for the contract which many believe is worth potentially £7 billion and will prove a very useful income stream in the future. The very fact that the smart meters will use telecommunications to communicate information is obviously a plus point for the likes of BT, Vodafone and Orange, giving these companies ahead start, but there is more to this than just telecommunications.
The idea with regards to smart energy meters is the needs to monitor the use of energy around the UK and attempt to make changes to improve efficiencies and carbon missions. While many homes currently use energy hungry appliances in off-peak times there are still many households that are "not as efficient as they could be".
Children now funding their parent's lifestyle
In a bizarre turnaround a report by Scottish Widows today has highlighted the fact that many parents are now struggling to survive financially and depending more and more upon their children. The report shows that in 2008 adult children gave around £6500 back to their parents who were struggling to make ends meet. However, the figure increased to £8250 in 2009 with 8% of adult children now helpi...Read More
Could the price of oil fall to $25 a barrel in 2009?
As the worldwide economic slowdown continues to gather pace there are serious suggestions that the price of oil could collapse to $25 a barrel in 2009. This will be marked turnaround from the $150 a barrel price seen earlier this year - a time when many "experts" had been expecting oil to increase to upwards of $200 a barrel. So why are many now expecting a collapse in the oil price?
Rebel MPs Set To Take On The Chancellor Again
If rumours in the Commons are correct it seems that the Chancellor Alistair Darling may soon be on the end of another MPs revolt, this time over the proposed hike in car tax. This is an issue which will just not die and again has the potential to instigate a serious revolt against the government. The main crux of the issue seems to be the governments insistence that the tax will be backdated &nd...Read More
Will Education Costs On Credit Lead To Disaster?
A survey by Norwich Union has highlighted the plight of many parents with children looking towards further education to better themselves and improve their employment prospects. The report also confirms the cost of sending a child to university is £15,000 in London and £13,000 in other areas of the UK. So will something have to give?
With one in four parents only able to contrib...
Is the cost of overseas communication set to fall?
It looks as though the fight between the main mobile phone operators in the UK and EU telecoms commissioner Viviane Reding is set to go to the wire with no party prepared to give any ground as the stand off continues. After suggesting that she had already given the mobile operators one year to get their house in order regarding overseas communication she has now threatened to introduce price caps...Read More