North East Shines Again for Business

The Likely Lads, Auf Wiedersehen pet, Spender, Byker Grove, the North East has been the birthplace and inspiration of some of the greatest dramas of the last few decades. Well perhaps the latter two are stretching the point but a region beset by desolation of indigenous industry has bred real life drama by the bucket […]

SSE Loses Half a Million Customers in 2014

SSE the UK’s second largest energy supplier has revealed that in the first six months of 2014 they lost nearly half a million customers. In total 2014 has seen Scottish & Southern Electricity lose 5% of their customer base, falling from 9.47m to 8.99m in the period from January to June. SSE also reports that […]

When £50 Equals £100: Centrica vs. Ofgem

Each month Ofgem publishes its Supply Market Indicators (SMI), a look at the cost of energy and its constituent elements. In reality however the SMI is focused on one figure alone, the profit per account earnt by energy suppliers. Ofgem have consistently highlighted the impact of this cost on the price of energy and their […]

Betting on the Gas Market

A fool’s game? “Europe has enough spare capacity in liquefied natural gas (LNG) to meet a large part of the region’s needs if Russia retaliates against the latest EU sanctions by restricting gas supplies.” That was the headline of just one week ago. So why has the gas price suddenly shot up again with Winter […]

New Study Finds Climate Change Hypocrisy

Post affluent politics is an interesting phenomenon. Where households or individuals have sufficient resources to meet their personal needs their minds often move on to non-hygiene factors that don’t directly affect their immediate well-being but which provide a cause to champion. It’s too simplistic to say as Helena Bonham Carter once said that the ‘poor’ […]

Drax Biomass Appeal Upheld

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 […]

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 […]