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".
Branded or unbranded goods, how much can you save?
For many years there has been an argument as to how much you can really save by acquiring unbranded products against the more highly priced branded goods. While there is obviously a difference in quality, in the food sector many people believe this difference has reduced over the years and is not as pronounced as it once was. So how much could you save on your shopping bill for example by acquirin...Read More
More than 1 in 4 feel finances are 'out of control'
More than a quarter (27 per cent) of Britons sometimes or always feel out of control with their finances, new research reveals.According to GE Money eight per cent say they regularly spend more than they earn with over a third of Britons (37 per cent) saying their spending habits have changed in the last six to 12 months with the majority of those admitting that they are making a conscious effort...Read More
Insiders predict further energy bill hikes
Gas and electricity bills are to rise by a further 15 per cent before winter, the Times reports.Anonymous industry insiders who spoke to the newspaper have indicated that high wholesale energy costs - which provoked a similar double-digit rise from providers in the New Year - will lead to the increase.Prices for natural gas have increased by over 120 per cent since last year, while crude oil hit a...Read More
900 sacked at Lindsay oil refinery
In a follow-up to our earlier post regarding the unofficial strike at the Lindsay oil refinery it has this evening been confirmed that 900 of the 1200 contract workers who walked out early this week have been sacked by Total. While the workers are said to believe that there was an agreement that no UK workers would be made redundant before foreign workers at the site, Total has confirmed that no s...Read More
Have we seen the January sales come early on the high street?
As John Lewis for one reports a huge surge in sales in the run-up to Christmas there are mixed opinions as to what the immediate future holds for the UK high street. Those who are suggesting that the January sales will continue in the same vein would appear to be wide of the mark with many of the opinion that the January sales actually came early, before and just after Christmas. If this is the ca...Read More