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?
Could your TV licence fee be added to your electric bill?
As the issue of future funding for the BBC continues to grab the headlines, a number of bizarre ideas have been put forward in relation to the licence fee. One such suggestion which appears to be gaining support amongst the politicians of the UK is the idea of adding the licence fee to your electric bill, or other utility bills, thereby ensuring that those who watch the BBC on their computers are...Read More
Could Scotland be the renewable energy centre of the world?
A report on behalf of the Scottish government has shed new light on the country's ability to become a major force in the renewable energy market. It is believed that within 40 years the country could be producing enough power to fulfil Scottish demand seven times over, leaving the potential for significant profits by selling excess energy into the national grid. So how will this happen? There w...Read More
Michael Martin under pressure as MPs expenses fiasco continues
Michael Martin, the Speaker of the House of Commons, is today under renewed pressure to relinquish his post after a disastrous showing in Parliament yesterday. While the Speaker of the House is traditionally impartial he launched a very public and very bitter attack on two MPs with regards to MPs expenses. Citing their "press coverage" he ridiculed those who disagree with his handling of the expen...Read More
Are mobile phone charges set to fall?
Ofcom has announced a new investigation into the UK mobile phone market and the ever-growing cost of connecting to different networks and landlines. It seems that with the exception of British Telecom and the 3 network, the whole UK mobile broadband industry would prefer to maintain a free market with regards to the cost of connecting to different networks across the UK. However, Ofcom has very di...Read More
Has the UK retail market discount season hit rock bottom?
Figures from the high street suggest that shoppers have been out in record numbers over the last two days as the stand-off between retailers and consumers comes to a conclusion. There is no doubt that the consumer has won the day with yet more substantial discounts on offer throughout the UK with some price slashed by over 50%. Quite where many consumers are getting their funds from remains to be...Read More