Sunday, 30 March 2008

Brief Sunday Round-up

....CU is still having broadband problems and so this will have to be a short post as having to cag bandwidth of the father in law. Here are the 5 best stories I have seen this weekend in the Sunday Papers:

Tesco hits US trouble - Fresh and Easy stores not so successful after all. Plenty of UK journalists hyped this one - depsite the very poor record the UK has at exporting retail to the US.

Euro energy costs -the price of renewable is set to hit Uk households hard, a good follow up to Nick Drew's pieces below.

HSBC under pressure- Bank stratgies still being questioned.

Icelandic freeze - Credit crunch puts paid to 'glorius economy.'

Web 2.0 - New dotcom boom to balance the crisis in financial markets?

Back to work tomorrow...

6 comments:

Nick Drew said...

Shall have to take a look at that energy cost report. Recall from this January post that EC officials reckon the total cost of 'Big Bill' Barosso's energy scheme (of which renewables is just one part) could be € 6 per citizen per week, which would of course average a lot more than the report's figure of €5bn p.a. for a country of approx 60 million (or whatever we are these days, who knows?) - more like €18bn

And I reckon it'd be even more than that - IF it happened

(which it won't, how could it ?)

Anonymous said...

Energy report is by Finnish consultancy Poyry. Finland has made a great deal of money in the past by organising trade between Russia and Europe. I wonder if all that Russian gas money might have influenced their thinking?

6Euros per week! Shocking. That's a whole £208 per year! We shall be in Carey Street before you know it!

Of course one could discuss it in terms of "untapped national resource" rather than cash and then the equation works out rather differently. 1.6million people with nothing better to do then make wind turbines. Free wind to supply them with. Land with no other economic value. Job done. As opposed to an eternity of enslavement to the Australian coal and Russian gas exporters.

Maybe we should just re-introduce the treadmill and have done with it?

Nick Drew said...

RS - you have asked 'who runs the country?' and it is interesting to learn how things would be done if it was you !

Old BE said...

£200 a year extra on energy bills is a *HUGE* increase on already *HUGE* increases. I certainly could not stomach the increase on top of the already *HUGE* cost of taxes and basic supplies. I earn good money I dread to think what it must be like for those on lower incomes. Still, since when did the champagners care about them?

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