Move to green energy hitting fuel poverty suffers
Those at the very bottom of the UK income spectrum are being hit disproportionately hard when it comes to investment in green technology and green energy. This is the conclusion of a report produced by the government's Fuel Policy Advisory Group which will force the UK government to think again about the green energy policies which are currently in place. But why should green energy cost more?
The truth is that the UK does not at this moment in time have an adequate framework to produce green technology and green energy at an affordable price. So UK taxpayers are yet again being milked to cover the initial investment in green technology and green energy which has led, and will continue to lead, to a significant increase in forthcoming energy costs. It is believed that energy costs in the UK could rise by as much as 50% in the short term and are unlikely to fall even when the green energy framework is in place.
Why is it that the introduction of a new technology always leads to higher taxes and higher costs for UK consumers and UK businesses? It seems that corporate UK is willing to take the benefits of these moves but in many cases is unwilling to take on initial setup costs?
Is the government set to means test bus passes?
A report by the Local Government Association has today caused outrage among pensioners and pensioner support groups with the indication that means testing for free bus travel for pensioners could come into play in the short term. Local authorities believe that the £1 billion free bus pass scheme is a waste of taxpayer's money with more and more middle-class pensioners owning their own vehicles an...Read More
Have you made out your will?
While death and inheritance are two subjects which the vast majority of the UK population are scared to discuss, they are subjects which need to be addressed on an ongoing basis. In many cases where there is a surviving spouse it is highly likely that the vast majority of assets will be transferred over, with some possibly redistributed amongst family members. However, where there is no surviving...Read More
Gender pay gap in city is enormous
A report by the equality and human rights commission has blown wide open the massive gap in pay and bonuses between men and women in the financial sector. These startling figures indicate that the average male bonus in the sector is five times that of their female counterparts who earn up to 39% less overall. However the situation is far worse for those working within the "city".
When will consumers start to spend again?
Despite the fact there are sporadic signs that the UK economy is improving and may well have bottomed out there is a feeling that UK consumers are retaining cash in their pockets rather than spending on the high street. If this is happening, how and when will UK consumers start to part with their money again?
The problem for many UK consumers is the fact that job security has disapp...
One in four families dragged into fuel poverty
Research from the Department of Energy and Climate Change has confirmed that one in four families in the UK are now trapped in "fuel poverty" whereby at least 10% of their income is spent on gas and electricity. This figure has risen by 15% since 2007 and now takes in 4 million people although projections for this year suggest the figure could rise to as high as 6.6 million people. This is almost...Read More