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 the UK car scrappage system value for money?
The consumer magazine Which has today stepped into the debate regarding the UK government's car scrappage system and whether it truly does offer value for money. Under the scheme, motorists will be able to scrap their old cars (in excess of 10 years old) and receive up to £2000 off a new vehicle, which will be funded by the government and car manufacturers. However, the Which magazine has found t...Read More
Carphone Warehouse sees 160,000 Tiscali customers disappear
When Carphone Warehouse agreed to acquire the UK business of Tiscali for £236 million it had expected to receive in excess of 1.4 million subscribers. However, today it has been revealed that around 160,000 Tiscali UK customers have "disappeared" during the transfer, which will see a reduction in the purchase price of between £20 million and £25 billion. So what next for Carphone Warehouse?
Asda fires the gun for the festive period
Supermarket giant Asda has today fired the gun for the beginning of the festive period with an announcement of around £150 million in discounts as we approach the Christmas and New Year season. Tesco is also rumoured to be on the verge of announcing large scale discounts for customers with some estimates placing the figure as high as £250 million. So between the two largest supermarket groups in...Read More
£212 million of luggage lost a year
Over one in five fliers find that when they reach their destination, their bag has not arrived with them, costing the British public £212 million per year to replace lost bags.For 21 per cent of those whose baggage went missing, the bill for replacing the lost items cost them in excess of £100, according to research from Swiftcover.com.Not only that but four per cent of travellers had lost cash...Read More
Jacqui Smith under serious pressure as heat turned up
Home Secretary Jacqui Smith is this evening sitting on the verge of resigning from her role as Home Secretary. She has become embroiled in a bitter battle of wills with regards to the lucrative expenses claimed by MPs throughout the UK. While already under investigation by the Commons standards committee, regarding her second home allowance, she has now become the subject of a detailed leak from P...Read More