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?
Landline prices increase as usage falls
03/12/2014 The cost of having a landline telephone is significantly increasing, as more homes turn to other forms of communication and disregard the landline. The UKs three biggest landline providers, Sky, BT and TalkTalk are introducing price increases from early December, by up to five times the rate of inflation. Latest figures from Ofcom show that consumers spent three billion minutes...Read More
UK household spending falls yet further
Figures from the Office of National Statistics have confirmed the worst fears of many economists with UK household spending down by a significant 1.2% during the first three months of 2009, which is the largest drop since 1980. When you also consider that the economy fell by 1.9% over the same period and by 4.1% year-on-year and there are very few signs of the infamous "green shoots".
Why shopping online can lead to substantial savings
It is no surprise that online spending has increased even in the midst of an economic slowdown in the UK with many consumers now looking for better value for money. The beauty of the Internet is the fact that this costs can be kept to a minimum while easily being able to accommodate any substantial increase in activity.
The attractions of online spending have being particularly appa...
Watchdog attacks airlines over website pricing
Airlines must avoid misleading customers by universally switching to pricing that includes taxes, fees and charges (TFCs) on their websites, the industry's watchdog has demanded.In 2005 the Air Transport Users Council (AUC) prepared a report showing that 43 per cent of customers buying plane tickets online were unaware that only some airlines included TFCs in their prices.Today's follow-up report...Read More
Will UK broadband be more expensive in the future?
Today's ruling by Ofcom has allowed British Telecom to increase charges incurred by companies using the company's broadband network. Unbundled line costs will rise from £81.69 to £86.40 and more concerning for the U.K.'s broadband providers is the fact that Ofcom has already agreed that BT's Openreach division should be allowed to make a "fair return" on future broadband activities which will ev...Read More