According to today’s BBC report, customers are being overcharged on their annual energy bills, an independent consumer watchdog has said. Consumer Focus says energy suppliers have not been fully passing on declines in wholesale costs. Crude oil has fallen from $147 a barrel in July last year to about $70. But the Energy Retail Association [...]
According to today’s Telecoms News, Zen Internet is introducing faster broadband services with download speeds of up to 20Mbps and upload speeds of up to 1Mbps at no extra cost for customers this summer. Zen will start moving existing residential and business customers over to the new services later this summer, as long as they [...]
The standard rate of VAT will increase from 15% to 17.5 % on the 31 December 2009. In practice the rules which govern rate changes mean that a rise in rate is likely to create more issues for a business than a VAT rate fall. There are also more opportunities. HMRC have recently released their [...]
According to the Times, millions of families were threatened with rises in their water bills of up to 29 per cent after Britain’s water industry submitted plans to Ofwat. Thames Water asked Ofwat for permission to increase its customers’ average annual bill by 17 per cent from £283 to £331 in 2015. Some of the [...]
The Times reports on Incentives for investing in green energy! Ministers were last night considering fresh incentives designed to spur investment in renewable energy amid evidence that the credit crunch is threatening government energy targets. The Energy Minister hit back at claims that the Government was failing to deliver on an ambitious plan to foster [...]