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".
Morrisons announces best Christmas in the food sector
While Morrisons has often been the butt of many jokes in the food sector with the likes of Asda, Tesco and Sainsbury racing away it would appear this trend has most certainly reversed over recent months. The company announced a like for like sales increase of 8.2% in the six weeks covering the Christmas period which was towards the top end of analysts expectations of between 7% and 8.5%.
UK drivers hit by cost of parking
The cost of car-parking for UK drivers has rocketed in the past six years, according to Direct Line car insurance.Research by the firm shows that the average cost of car-parking has risen by an average of 25 per cent across the country, with motorists in Berkhamsted in Hertfordshire, Ponteland in Northumberland and St Mary's Bay in Kent facing increases of 90 per cent in charges since 2000.Perhaps...Read More
Marks & Spencer set to announce new 20% discount day
In a sign of the times, it has been announced that Marks & Spencer is set to hold a further 20% discount day in order to attract business as the consumer starts to disappear from the UK high street. This is the latest in a number of large-scale giveaways on the high street orchestrated by a number of the major retailers in an attempt to try and attract the attention and money of UK consumers.
No Signs Of Collusion In The Energy Markets
Despite howls of protest from an array of consumer protection groups the government has stated that there are no signs of any collusion between the big six energy suppliers in the UK. While a more detailed report will be landing on desks in parliament over the next few weeks there are concerns that there is very little that the authorities can do.
The 20% price increase by EDF se...
Younger drivers more cautious about old bangers
People aged between 18 and 34 are more cautious when making car purchases than older drivers, researching more and taking advice, according to new research.Experian reports that while 40.6 per cent those between the ages of 18 and 34 discuss their potential purchase with friends, only 19.5 per cent of buyers over the age of 35 do the same.Over 26 per cent of younger buyers take recommendations fro...Read More