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".
Are you aware of your partner's financial status?
Following on from a report by Tesco Bank this morning, which showed that 29% of partners retain separate bank accounts and effectively separate financial lives from their partners, this begs the question as to whether you really know your partner's financial status? Separate bank accounts and separate financial lives are not something which was common place 20 years or 30 years ago but it would...Read More
Millions face arrears with energy firms
Millions of Britons could fall into arrears with their energy provider this year, it has been claimed. According to uSwitch.com, the price increases imposed by suppliers have not yet been reflected in the charges paid by customers who use direct debit to pay their bills. This is because providers have to wait until they have reviewed the account before raising the debit level. However, as a result...Read More
Why Is The UK Such An Expensive Place To Live?
Since the start of the economic slowdown we have seen a number of comparisons with living costs in an array of countries around the world and it seems as though the UK is always near the top. But is the UK really as expensive as people make out or is the argument too one sided?
In order to appreciate the cost of living in the UK and all of the everyday items you would expect to pur...
UK Family Disposable Income Falls 15% In 12 Months
News that the average UK family now has only £14,520 of disposable income per annum perfectly illustrates the increase in the cost of living in the UK. This is a fall of some 15% from the 2007 figure of £17,102 and there are suggestions that the current figure is set to fall further as the cost of living moves higher.
The disposable income figure is vital to fuel growth in the ec...
Is your data safe with the government?
In another seriously embarrassing gaffe it has been announced that a memory stick containing highly confidential passwords to the government's main social service website was found in a pub car park. This resulted in the government website being closed down for a short while and has yet again increased concern amongst the UK public with regards to government services.
When you consi...