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  • HSBC chair Nelson to join Starmer on China visit

HSBC chair Nelson to join Starmer on China visit

Brendan Nelson, the new chairman of HSBC Holdings, will be among the business leaders who travel to China with Sir Keir Starmer next week as the prime minister tries to…

Metagenics acquires Symprove, a leading probiotics maker

Symprove, a leading British manufacturer of probiotic supplements, is set to be acquired by American company Metagenics in response to the growing demand for gut-health and wellness products. Founded by…

Supreme Court rules against Trump in bid to fire Fed governor

Six out of nine US Supreme Court justices have indicated support for keeping a central bank interest rate-setter in her job, in defiance of the Donald Trump administration. The White…

L&G-backed Salary Finance secures £460m debt war chest for expansion

A workplace lender which counts the FTSE 100 companies Experian and Legal & General among its shareholders has secured a £460m financing war chest as it seeks to roll out…

Bridgepoint partners with Exile Group in £30m infrastructure finance data deal

Bridgepoint, a London-listed private equity firm, has entered into an agreement to support a provider of data and intelligence for the global infrastructure and project finance sectors. Sky News has…

Exploring the Latest Generation of Homes with Zero Bills for Energy Consumption | Science, Climate & Tech News Elliott Wood possesses something that may catch your interest. Similar to most individuals, he receives a monthly bill for his energy consumption. However, his bill comes at no cost. He resides in a new category of «zero bills» homes, equipped with solar panels, heat pumps, and batteries. This technology generates surplus electricity, which, when coupled with the appropriate tariff – such as the zero bills tariff from Octopus Energy – allows him to sell back excess electricity to the grid, resulting in a monthly bill of £0. Living in a one-bedroom rental home with his partner in Milton Keynes, 26-year-old Elliott expresses his delight, stating, «It’s amazing… you just don’t have to worry.» The zero bills scheme does have limitations, including a guarantee of the tariff for only five to 10 years and exclusion of electric vehicle charging. Nonetheless, Octopus Energy estimates that it could save an average household with two to three bedrooms around £1,758 annually on bills. However, the availability of these homes is limited, with only a few hundred currently operational, making the concept of a zero bill home a distant dream for many. In the UK, the majority of homes are inefficient, gas-dependent, and prone to heat loss, resulting in high expenses and fuel poverty for 2.7 million households. The housing sector is also a significant contributor to pollution, ranking second after transportation, necessitating a reduction to meet climate targets. The government’s Warm Homes plan, published on Wednesday, aims to address these issues by upgrading homes to enhance affordability, quality, and warmth. With a budget of £14.7 billion, the strategy includes funding for insulation, solar panels, batteries, and heat pumps to reduce bills and decrease gas usage. While this may not lead to zero bills like Elliott’s, ministers anticipate substantial savings for some households. The plan is expected to upgrade five million homes and alleviate fuel poverty for up to one million families by 2030, if executed effectively. The rise of ‘zero bills’ homes: Energy revolution or empty promise?

Elliott Wood has something you’re probably going to want. Like most of us, every month he gets a bill for his monthly energy use. Only his bill… is free. Image:…

Netflix shares fall despite positive financial results after simplifying Warner Bros bid

Netflix has recently experienced a significant decline in its shares, despite reporting positive financial results shortly after simplifying its offer for Warner Bros in an effort to finalize the deal.…

Netflix increases bid for Warner Bros Discovery amid Paramount takeover threat

Netflix has increased its bid for media behemoth Warner Bros Discovery (WBD) in response to a hostile takeover attempt by entertainment conglomerate Paramount. The streaming giant is now offering cash,…

Government prepares for surge in council tax band challenges: How to dispute yours

The Valuation Office Agency is anticipating a surge in the number of individuals contesting their council tax band in the upcoming months. This projection stems from the customary arrival of…

Trump to capitalize on Davos deal-making opportunities following Greenland tariff threat

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