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CommentWire
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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
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02 Aug 2011 |
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CommentWire
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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
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17 Feb 2011 |
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CommentWire
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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
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04 Feb 2011 |
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Expert View
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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
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26 Jan 2011 |
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CommentWire
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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
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19 Oct 2010 |
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Expert View
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A British MP has tabled a motion to fine debit and credit card providers if customers use their cards to purchase child pornography online. Prepaid cards have also been singled out due to their anonymous nature, which is claimed to facilitate these purchases. While the motion is unlikely to be passed, it highlights the mounting pressure on prepaid cards.
Published By Datamonitor
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23 Jul 2010 |
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Expert View
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Although public opinion in the UK has proved vital in combating climate-damaging behavior in the past, a recent survey has highlighted an increase in doubt over the veracity of anthropogenic climate change and a drop in public concern regarding global warming. This does not bode well for the new UK government, which is looking to introduce policies to set the country on a low-carbon path.
Published By Datamonitor
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02 Jun 2010 |
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CommentWire
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The UK government has made the banking industry solely responsible for financing the creation of a free national financial advice service. Despite the added cost, investing in such a scheme should prove beneficial to traditional financial services providers, both in its potential to re-engage consumers, and also by having the industry publicly take its share of responsibility for the crisis.
Published By Datamonitor
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25 May 2010 |
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Expert View
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The UK's recently-elected coalition government has made the abolition of 'unfair' bank fees and charges one of its key policies going forward. However, it is unclear how the government intends to enforce such legislation, and while the move appears to represent a good deal for consumers, there are significant downsides for both the industry and individuals.
Published By Datamonitor
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21 May 2010 |
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CommentWire
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The recently released green manifesto from the UK Labour Party has drawn attention to the current state of the energy sector and pledges that, should Ofgem's 'reform' not show the unspecified results it desires, the government will intercede in the market further. If this happens, it is possible that the market could be damaged rather than improved.
Published By Datamonitor
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28 Apr 2010 |
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