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".
Rail bosses announce extortionate 11% ticket price rises
The UK rail industry is today charged with hitting consumers when they are down after the announcement of ticket price rises of up to 11%. At a time when the government is keen to see as many of the UK population transfer to public transport as possible, this 11% inflation busting rise is the last thing they need. There had been a feeling across the UK that due to higher tax charges aimed at those...Read More
MPs expenses debacle continues
As the Daily Telegraph promised, further revelations about MPs expenses have been released into the public domain showering yet more shame and disgust on UK political scene. While, as we keep being told, "all expenses are within the rules" there is greater taxpayer fury across the UK than ever before. It seems as though a new wave of political change is hitting the UK after years of secrecy and ex...Read More
Bankruptcy levels set to soar in the UK
As the UK economy starts to show signs of potential recovery, there are serious concerns about debt levels within the UK consumer sector. We have already seen a significant jump in bankruptcies in England and Wales and many experts expect a mushroom effect in the short to medium term as the full financial crisis begins to hit home. The previous record for bankruptcies, or personal insolvency, prio...Read More
Why is it so expensive to live in the UK?
Despite the fact that the UK has readily accessible supplies of oil, a well-developed energy network and expertise in the field of renewable energy it seems that the cost of living in the UK, especially energy bills, continues to rise. Since the privatisation of electricity, gas and water companies we have seen a conflict of interest emerge between consumers and businesses and shareholders.
Mobile phone roaming charges to be slashed
Even though the European Union has attracted significant criticism over the years, there is no doubt that the ongoing onslaught against mobile network providers across the world has been of great assistance to consumers. A recent EU ruling will see the cost of overseas phone calls fall by up to 60% over the next two years with stage one come into play on 1 July.
Just in time for the...