Non-domestic competition “on the way up” according to Energy UK According to Energy UK, the trade body that represents many of the UK’s largest energy suppliers, competition in the non-domestic energy sector is “on the way up”. Energy UK proudly stated: “Nearly 30 companies are actively working to supply gas and electricity to the energy business […]
Auto Enrolment Pensions
What it Means for your Business The Facts About UK Pensions Over the next three years EVERY business in the UK will be OBLIGED to enroll each of their employees in a pension scheme. It may sound like we’ve been here before but this is a significant change to the previous, more casual pension arrangements, and […]
Government Back Offshore Wind not Biomass
Drax, and Double Drax Last week the government announced their backing for a series of renewable energy generation projects that they hoped would form the backbone of a new energy front. In line with the policy of the onshore wind farm sceptic Tory administration, the schemes backed included: 5 offshore wind farms and 3 biomass […]
Missing Trader Fraud Hits Energy Markets
The energy markets once again abound to allegations of fraud. The HMRC have launched an investigation into a shortfall in VAT receipts caused by energy trading companies being set up in order to exploit rules that exempt EU member states from paying VAT. These bogus energy companies are alleged to have collected VAT from traders […]
Ofgem Energy Shopper Campaign
Ofgem Introduces Itself to Customers As part of their commitment to engage with customers under the Retail Market Review, Ofgem, the energy regulator has launched a “Be an energy shopper” campaign. Ofgem have been vociferous proponents for many years that the energy market, and competition specifically, is working. However the results of the retail market […]
Where are business energy prices going?
In the latest in our series of questions to the boss, we focus on the commonly asked question of “Where are business energy prices going?” Business Juice: “The general direction is upwards…” “The energy market is naturally volatile however there are currently, and for the foreseeable future, significant other pressure points on prices.” Pressures on Price These […]
Energy Dependency and Russia
Two sides to the same old story… Taking sides in political debate is difficult enough but in the context of Geopolitics it is virtually impossible. When we are treated to the caricatures of political leaders of the world’s largest nations and whilst it is easy to generalise and apportion blame, the reality of the situation […]
CBI Says Manufacturing and Retailers Recover; Energy Implications
In news to gladden the heartlands of the UK as well as the halls of the treasury, the CBI’s latest industrial trends survey suggests that the confidence amongst UK manufacturers in 2014 is at its highest since 1973. Forty-one years ago, before the oil crisis, 3 day week, Thatcher administration, Falklands, the greedy ‘80s, new […]
Shale Gas and Private Property
The sorry tale of shale – what it means for private property According to David Cameron shale gas, and its sourcing methodology ‘fracking’ is “good for our country” whilst Lord Browne of BP fame claims it has the potential to “poison our children”. Both represent vested interests, the Prime Minister being faced with a very […]
Business Juice Reveals New Energy Saving Statistics for Companies
Business Juice has been helping companies to save on electricity and gas bills with its free comparison service. New figures have been revealed, showing the massive savings that can be made. Rising energy prices are big news, with gas and electricity rising ahead of inflation year after year. Thanks to media campaigns, domestic […]