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?
Tories Plan An Energy Discount Card
In the world of energy supply there are many ways in which you can reduce your bills including dual services and direct debits. However, the opportunity to reduce energy bills by using a direct debit payment system is not available to as many as four million in the UK who do not have bank accounts or withdraw all of their funds each week. Many of these people are paying up to £100 extra a year...Read More
Energy companies poised to raise tariffs again
Energy companies are poised to exacerbate conditions for consumers who are already struggling with rising day to day living costs with further increases to tariffs this year, it has been claimed. According to energyhelpline, the average family's gas bill is set to rise as a result of wholesale gas prices doubling recently. This in turn could drive the typical gas bill up from £665 to £1,091 per...Read More
British Gas announces 10% tariff cut
In a move which should bring the average UK gas bill down from £1,328 to £1,240 British Gas has broken ranks with the energy sector and announced the first reduction in prices for some time. While the move will come into effect on 19 February energy experts are suggesting that consumers hold fire at the moment to see exactly how others in the sector respond. There is also a feeling that British...Read More
Children Literally Bursting Out Of Their Clothes
The British Retail Consortium (BRC) is on a collision course with the government over the zero tax rating on children's clothes. While there has been a policy of zero VAT on the clothes of children under the age of 14 for many years the sharp increase in obesity among the children of the UK has seen many exceed the maximum size restrictions for zero tax well before their 14th birthdays.
Are consumers moving back to the high street?
Online spending in the UK retail arena fell to its lowest annual growth level last month with many suggesting that the short-term love affair with online spending may be coming to an end. However, is this really true or are there other issues which have come into play?
Unfortunately for those who are looking towards the UK high street to pull the UK economy out of the recession, the...