Has Your Business Electricity or Gas Supplier Gone Bust?

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Since the historic rise in energy prices across the UK the industry has lost no less than 12 Energy Suppliers.To date there are a total of 12 suppliers that have closed their doors leaving approximately 2.3 Million Customers without a supplier!Market Regulator Ofgem are providing a safety net, a regulatory backstop which will do two things, most importantly it ensures that these customers maintain a supply and secondly protects any outstanding credit balances, the energy watchdog will then choose who the accounts are transferred to.The table below lists the energy suppliers that have ceased to trade, the date, number of…

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The Worcestershire 1000

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Future Utilities are delighted to announce that we are now a Worcestershire Champion - The Worcestershire 1000 is a family of local businesses, companies and individuals helping to tell Worcestershire's Story and promote the county far and wide. By sharing what makes Worcestershire special to all of our networks and customers, colleagues and friends. we hope to , together, build ONE WORCESTERSHIRE which attracts success and prosperity for all. Worcestershire has so much to offer and together a partnership of private sector companies and public sector organisations from across the county have developed this new approach to raise the profile of…

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Electricity Base Rates Have Increased by Nearly 100% Over The Last 12 Months!

We saw a decrease in the demand for fuel after the first lockdown happened and as a result, prices were at an all-time low. Prices are steadily increasing but there seems to be a number of different reasons for it. Recently, gas prices have been increasing because of an increase in demand and the effects of the meltdown last year. A reduction in electricity supply combined with an increase in gas prices has led to a higher price for wholesale electricity. The base rate for electricity alone has increased nearly 2-fold in the United Kingdom and is expected to continue.*source: www.theice.comThe…

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Covid-19 and the Effects on the Hospitality Trade

During the lockdown, Pubs, Bars Restaurants and Clubs have poured a staggering 81 Million pints of beer down the drain! This equates to a heart wrenching £331m of lost revenue! While the UK government has supplied some form of support during the crisis, by way of bridging loans and furlough payments, still almost 10,000 licensed premises shut their doors for good in 2020! This shows a rise of 125% on the previous year. Self Run establishments being the biggest casualty with Casual dining, the hardest hit businesses. An estimated 640,000 job losses have been caused already in 2020 regardless of…

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Read more about the article Utilities and banks: UK unveils first round of corporate COP26 sponsors
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Utilities and banks: UK unveils first round of corporate COP26 sponsors

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The UK's COP26 secretariat has named utilities SSE and Scottish Power, along with National Grid and NatWest Group, as its first sponsors for the climate conference next year. Many were disappointed with the choice of sponsors for COP25 in Madrid in 2019 Each of the firms has signed a contract to be a ‘Principal Partner’ for the event – a term which represents the highest tier of sponsorship. The UK Government laid out its criteria for sponsorship earlier this year, stating that it would not be signing deals with companies without net-zero targets for 2050 or sooner and that all sponsors should…

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