Opinion on Governmental Organizations in Europe

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Type Product title / description Pub Price
CommentWire
CommentWire

EDF Energy: the UK's largest electricity supply contract

EDF will supply half hourly metered public buildings across England and Wales in a framework agreement over four years estimated to be worth GBP6.8bn. Half hourly meters typically have a higher consumption than non-half hourly meters, and are predominantly used by larger organizations. The deal will involve EDF supplying an estimated 30 terawatt hours of power from 2012.

Published By Datamonitor
 02 Aug 2011
CommentWire
CommentWire

UK: government intends to "stamp out" corporate greenwashing

The UK government recently announced its plans to "stamp out" corporate greenwashing by updating the guidelines first published by the Department for Environment, Food, and Rural Affairs in 2003. However, guidelines are no longer enough. The time has come for a European-wide standard to substantiate claims of sustainability, which will provide impetus to the region's key environmental aims.

Published By Datamonitor
 17 Feb 2011
CommentWire
CommentWire

Redditch City Council: using waste heat from a crematorium to cut costs

Redditch City Council has announced a bold and environmentally friendly cost-cutting measure which has spread unease among much of the wider UK population. A new sports center, including a swimming pool, could be heated economically by utilizing waste heat from the council's crematorium. However, the council needs to think bigger if the scheme is to develop into a veritable symbiosis project.

Published By Datamonitor
 04 Feb 2011
Expert View
Expert View

ICB: separating investment and retail banks will not stop another financial crisis

Sir John Vickers, the head of the ICB, may consider separating investment and retail banks in an attempt to rectify the problems with the banking system. Although this would leave investment banks free to conduct business without significantly affecting the retail banking system, without improving the regulatory environment it is unlikely that such a move will prevent another financial crisis.

Published By Datamonitor
 26 Jan 2011
CommentWire
CommentWire

UK pensions: changes to tax relief may lead to widespread reviews of savings

The British government has issued a proposal that will limit tax relief on pensions to contributions of GBP50,000 per year, a sharp decrease from the current annual allowance of GBP255,000. The change is likely to dissuade the wealthy from saving for a pension, making it essential for providers and advisors to encourage consumers to regularly review their financial position ahead of retirement.

Published By Datamonitor
 19 Oct 2010
CommentWire
CommentWire

Ofgem: new certification scheme will raise the bar for marketing green tariffs

Ofgem has launched the Green Energy Certification Scheme to help implement its guidelines on green tariffs. Although certification has been key to the success of green electricity sales overseas, it has made little progress in the UK until now. This new scheme may not be the complete solution, but it will at least help differentiate green tariffs, and may encourage other accreditation schemes.

Published By Datamonitor
 19 Feb 2010
CommentWire
CommentWire

UK: North Sea exploration receives crucial incentives

In an attempt to mitigate a growing dependency on imports, the UK government has revealed legislation to promote development of the North Sea's last offshore oil and gas frontier. Combined with a new licensing round offering licenses for exploration in all UK waters for the first time in 12 years, these incentives will potentially open up 20% of the UK's remaining untapped oil and gas reserves.

Published By Datamonitor
 09 Feb 2010
Expert View
Expert View

UKCA proposals for government regulation will improve transparency but more must be done

The UK Card Association has submitted proposals to the government for the forthcoming regulation of the card industry. These proposals aim to protect competition in the market and ensure that issuers can lend reasonably. While the proposals should lead to more transparency in the market, the introduction of fees and ever higher APRs becomes inevitable.

Published By Datamonitor
 22 Jan 2010
CommentWire
CommentWire

Credit cards: UK crackdown is likely to lead to fees and higher interest rates

In the most significant intervention in the cards market in living memory, the UK Department for Business Innovation and Skills has launched a public consultation over proposed changes to credit and store card regulation. While it remains to be seen what changes the government will implement, new regulations are likely to lead to the introduction of annual fees, higher interest rates, or both.

Published By Datamonitor
 05 Nov 2009
Expert View
Expert View

IMF issues warning on European credit card time bomb

The global financial body has claimed that the UK will be particularly hard hit as part of its warning about potential European losses of over GBP100 billion, representing 7% of the continent's consumer debt. If so, industry players will have to tread carefully as they attempt to maneuver through a poor economic environment and deal with low public support.

Published By Datamonitor
 03 Aug 2009

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