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".
Food bills up £750 within a year
Rising food prices are adding an extra £750 to the average family's food shopping bill, it has been claimed. According a study conducted by the Office of National Statistics (ONS), wholesale food prices were up 7.4 per cent during 2007. This is the highest rate of increase the ONS began monitoring food prices in 1992 and has pushed the cost of a consumer's average basket up by 12 per cent in a ye...Read More
Is your holiday as safe as you think?
As the potential for a swine flu pandemic continues to grow day by day many people are blissfully unaware that their summer holidays could be cancelled or cut short. The World Health Organisation (WHO) recently increased the risk level from 4 to 5 with 6 being the highest, signalling the outbreak of a pandemic. While the UK government has declared that travel to places such as Mexico should only b...Read More
US government to introduce £9 fee for electronic visas
Visitors to America will face an additional £9 fee from the US authorities from 8 September as the government looks to raise money for the American tourism industry. The fee will affect visitors from 36 nations as well as those who apply for the electronic system for travel authorisation which was put in place after 9/11. There are concerns that the US authorities are looking to milk overseas vis...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
Will the recession change UK consumers forever?
When the boss of supermarket chain ASDA suggests that the UK consumer of today is about to change forever maybe it is time to wake up and listen. There would appear to be a number of arguments in favour of this view as consumers look to take advantage of more and more discounts on the high street and become more aggressive in their spending habits. Historically the UK has been fairly expensive com...Read More