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".
Is online surfing about to become more expensive?
The news that Rupert Murdoch and the Financial Times are looking towards paid content on their news websites bring ever close an increase in the cost of online surfing, with other business arenas obviously keen to introduce new income streams to their businesses. The truth is that the off-line news and media arena has suffered substantially over the last few months as the recession has hit home an...Read More
Pawnbrokers make a comeback
News that Albemarle & Bond, a prominent UK pawnbroker, is looking to add 15 new outlets to its portfolio in Scotland this year and a further 25 next year is a perfect reflection of the difficult environment in the UK. More and more people are now making use of the services of pawnbrokers, many of which had died a death during economic boom and were relatively unknown and very unpopular amongst the...Read More
UK retail sales fall on an annual basis
It has been revealed that total retail sales in the UK fell by 0.1% in the 12 months to the end of October but the figure was even worse at 2.2% after stripping out the impact of new store sales. This is the first time that UK sales have fallen on an annual basis from more than three years and fully reflects the serious downturn in the UK retail market is currently experiencing.
Gordon Brown's Big Give-Away we will all pay for
He stepped up to the centre stage, he smiled for cameras and then Gordon Brown attempted to blow away all the problems which he has encountered over the last 12 months, but he forgot one thing. He forgot to tell the consumer who would be paying for the £1 billion giveaway, he forgot the basic rules of economics.
Mr Brown told a packed press conference that over £910 million pound...
Are you ignoring your financial situation?
As news that more and more of the UK population are being declared bankrupt hits the headlines, there is a growing fear that this is very much just the tip of the iceberg. It is widely predicted that there are literally hundreds of thousands if not millions of the UK population finding day-to-day living expenses difficult to cover but trying to carry on with life as normal. So are you one of the U...Read More