Lessons from Royal Bank of Scotland Are energy suppliers too big to fail? 10 years ago, when asked that question about the UK banking sector pretty much everyone would have said yes. Now? It’s a very different scenario. According to new insight into the credit crunch and high profile rescue of the disastrously run Royal Bank of […]
Cable Deal for Small Business Payments
The life of an SME is often a fraught one, overlooked, harassed and rarely on the end of a good deal. So Vince Cable’s announcement last Month that he will name and shame late payers amongst big business is a long overdue bit of balance in the market. Cable, whilst not busily planning and denying […]
World Cup Fever Hits the UK Energy Market!
We take it for granted whether at home or work and only really notice it when it doesn’t work or when the bill lands, but electricity is a critical element in all our lives. At some times more so than others. The average household or business could possibly live with a power cut in the […]
All Change at the Top for Centrica
Carr, Bentley, Laidlaw, Luff and now Weston. Chief Executive, Chairman, FD and Managing Director. A short few years ago, Centrica, owners of British Gas Business were a model business in UK plc. Aggressive accumulators of business units and customers, unrivalled slick tactics to optimise profit and return and a teflon like ability to avoid sanction […]
Ofgem Calls for Lower Prices As Energy Markets Fall
As the markets continue to fall, Ofgem calls on energy suppliers to explain prices. 17.43 Tuesday 10th June probably passed by for most people without any notable difference from 17.42, 17.41 or any other point in the warm showery early summers day that was yesterday. But for the PR departments and board rooms of the […]
Ofgem TPI Code of Conduct Would ‘Have Teeth’
A Tiger Called Ofgem In an alarming comment last week, Ofgem, referring to their “consultation on regulating non-domestic Third Party Intermediaries”, said that if Ofgem does decide to implement a unilateral code of conduct on TPIs then it wouldn’t be a “toothless tiger”. The threat sends a shudder down the spine with Ofgem tackling the […]
The Nation’s Favourite Energy Source?
According to research published by the Guardian, wind energy is the nation’s favourite energy source. Despite the anti-wind policy supported by the Conservatives and the NIMBY brigade, the survey claims to have canvassed opinion from across the political, geographical and social spectrum and has seen wind energy given the ‘thumbs-up’. The Guardian reports that rather […]
Energy UK and the Energy Regulation TPI Review
The Art of Denial – the Energy UK Way Despite their members being fined an astonishing £39m for a series of mis-selling activities, Energy UK believes energy suppliers and their agents should be explicitly excluded from any new rules proposed by Ofgem and designed to eradicate mis-selling from the business energy market. That shocking sentiment […]
The Price of Loyalty in the Workforce
For most business owners and leaders their biggest asset as well as their biggest headache is their staff. Love them or not, they’re the key to your business’ current and future success. An occupational hazard therefore is the resignation letter, some we don’t mourn others we do, although the mantra “you always replace with better” […]
Energy Company Fines and Misdemeanours
The Fine Times Table We thought it would be interesting to look back at the energy market since Business Juice first came into existence. In July 2009, uSwitch for Business began trading as an independent entity for the first time, in that time many things have happened in our business, not least our 2013 rebrand […]