Drax and Double Drax Drax, Europe’s largest coal fired power station and owner of Haven Power has won its acrimonious appeal against the government’s decision to renege on a deal to provide Drax with a £1.3bn investment to fund the conversion of its third coal fired generating unit to biomass. Drax had already won two […]
Business Juice Introduce Online Calculators for Electricity and Gas Price Increases
Corporate energy broker, Business Juice, is committed to helping companies save on their energy bills by getting them the best rates with contractual arrangements that suit their needs. Key to this is their strategy of open communication, helping clients to understand the energy market as well as the opportunity to save on their bills. Now […]
CBI Criticise Political Posturing in Energy Market
The CBI has sent a stark warning to politicians that despite, and indeed because of, the political posturing, the UK energy market remains at risk and that business leaders are increasingly concerned about the ability for the energy industry and political attitudes towards it to undermine on-going investment in the UK. The CBI highlighted: “Careless […]
1 in 3 Appeals for Credit Upheld
Credit Where it’s Due Between 1st April 2013 and 1st March 2014 there were 3,518 appeals by SMEs against the decision of a lender not to advance funds to them. Of which 1,116 or over a third were upheld or in other words it was found that the ‘lender’ erroneously refused the ‘borrower’. Over the same […]
nPower & Scottish Power’s Annus Horriblis
22,671 complaints in the six months to July 2014 compared to 10,598 in the last six months of 2013 and already eclipsing 17,960 the total number of complaints received in the whole of 2013. By any objective measure that is a big increase. We’ve talked before about statistics not always backing up the true facts […]
Paterson, Lawson and the GWPF
Gone, but in no way does he want to be forgotten… After one of the most damning précis of a political career and an unceremonious sacking as environment secretary, committed climate change sceptic Owen Paterson has threatened that he will not be silenced as a backbencher and will continue his crusade to prove the myth […]
Interconnectors – the Future of UK Energy Supply
The interconnectors between the UK and Europe are often the cause of grumbles and accusations within the energy industry as they are seen to be responsible for a flow out in the search of high continental prices rather than a flow in with cheap and abundant European supplies. But the reality is somewhat different. From […]
Ed Miliband’s Bid for Business Credibility
What Has He Said Now? Like the drunken uncle at the family party Ed Miliband has been a perpetual source of embarrassment for his party and their relations with UK business. But now Ed faces the hangover of his excess and needs to shore up some support from the very people he’s spent four years pillorying. […]
Social Media – the New Disruptor
The Financial Times in a recent survey of FTSE 350 companies have found that nearly a third believe a social media strategy is unimportant and 47% have never discussed such a strategy within their company board. This disconnect between the developments in the consumer mind-set and the lag in the boardroom is eye opening. Indeed […]
Scottish Independence and the SME
SME: One small word, three letters, huge implications. It’s difficult right now to separate the rhetoric from the hyperbole from the reality but the Scottish Referendum is certainly one thing, and that is it’s “in the balance”. For every claim of new found freedom there are murmurings of uncosted elements, for each newly enshrined power […]