BT wants a slice of the smart energy meter market
BT has today announced plans to become involved in the UK smart energy meter market via a partnership with Arqiva and Detica. This will be via a bidding process which the UK government is administering at the moment in relation to a radio network which would allow companies to communicate with 28 million homes and small businesses in the UK which will have smart energy meters installed over the next decade.
BT will be fighting it out with companies such as Vodafone and Orange for the contract which many believe is worth potentially £7 billion and will prove a very useful income stream in the future. The very fact that the smart meters will use telecommunications to communicate information is obviously a plus point for the likes of BT, Vodafone and Orange, giving these companies ahead start, but there is more to this than just telecommunications.
The idea with regards to smart energy meters is the needs to monitor the use of energy around the UK and attempt to make changes to improve efficiencies and carbon missions. While many homes currently use energy hungry appliances in off-peak times there are still many households that are "not as efficient as they could be".
Ryanair responds to EU directive regarding hidden charges
As we covered in one of our recent posts, Ryanair was looking at potential fines and penalties from the EU with regards to so-called hidden charges on the company's website. However, after a discussion with the UK Office of Fair Trading (OFT) Ryanair has today agreed to make its charging structure more transparent and easier to understand.
The issue recently came to a head after a f...
Fuel War At The Supermarkets
They led us higher and they are leading us down again, the supermarkets are everywhere and now have the fuel sector is in their sights with plans to undercut traditional fuel retailers yet again. As the price of oil has drifted from nearly $147 a barrel to under $130 surely we must have been due a price reduction anyway?
ASDA looks like being the first to cut the price of fuel with...
Is inflation dead?
The substantial fall in the rate of inflation has been welcomed across the board in the UK with investors and consumers now beginning to look to the future. However, those who believe that inflation has now been beaten and is dead may well need to review their opinions in the future. We have been in this situation before when the authorities have suggested that not only was inflation beaten but th...Read More
Opening hours this Christmas at Financialadvice.co.uk
15/12/2014 Over the next couple of weeks our opening hours are set to change. If for any reason you still need to get in touch with us over the Christmas break, you can still ask us a question online, call us and leave a message or send us an email; one of our fully qualified financial advisers will get in touch when our offices re-open. Our Christmas opening hours are as follows: 1st-...Read More
Rudd: Leaving the EU could push up bills
24/03/2016 Energy bills could rise by more than £500 million by the 2020s if Britain left the EU on 23rd June, according to Amber Rudd, the UK’s energy secretary. In an upcoming speech in Kent, Ms Rudd will claim that staying in the EU has kept household energy bills down, providing access to cheap electricity from the continent, along with facilitating billions of pounds of investment i...Read More