Brown announces new energy plan
A new £910 million energy plan was unveiled today by prime minister Gordon Brown.Included in the new initiatives is payments for pensioners and young families to meet costs for heating if the weather gets very cold this winter.As part of its long-standing policy of improving energy efficiency to bring bills down, home insulation installation is also to be discounted by 50 per cent.Moreover, cavity wall and loft insulation is to be made free of charge for low-income households.The government released its plan following consultation with Britain's gas and electricity providers.Mr Brown said: "This is the right approach, giving priority to permanent - not just one-off - changes, with the offer of lasting benefits and fairness for all families, cutting bills permanently every year."Gas and electricity bills have gone up by 40 per cent for some customers over the past year.
Share this..
Related stories
'Switch providers to save on loan repayments'
Borrowers can make significant savings by changing their loan provider halfway through the repayment period, it has been claimed. According to research conducted by price comparison site uSwitch.com, the average consumer with a loan of £8,000 could save £180 by swapping for a best buy deal. However, despite the savings to be made many borrowers are reluctant to change provider, with 2.5 million...
Read MoreMorrisons 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%.
JD Wetherspoon reduces a pint of beer to 99p
In a move to attract attention and increased business to a sector which is suffering from the economic slowdown it has been revealed that JD Wetherspoon will be offering a pint of Greene King IPA for just 99p. This takes the price of a pint of beer back to levels not seen since 1989 and while limited just to Greene King IPA it is sure to catch the eye of drinkers around the UK.
At t...
A new era with no HIPs
As of midnight last night the UK government has scrapped Home Information Packs, otherwise known as HIPs, to the joy of estate agents around the country. It was also revealed that since the introduction of the information packs in December 2007 around £1 billion being "wasted" on what many believe were pointless and ultimately unhelpful information packs. When you consider the amount of money...
Read MoreAlistair Darling calls for multilateral reform of the financial sector
Alistair Darling has been speaking at the World Economic Forum in Davos today during which he urged countries around the world to pull together and reduce the influence of the financial sector as a whole. However, unlike some government around the world he has reiterated the UK stance which is against the breaking up of banks into separate entities such as investment banking and traditional bankin...
Read More