After the economic slowdown from the pandemic, surely the energy market will start to pick up again, right? Well, not so fast. The world is now facing a new problem, the energy crisis. With surges in demand, fuel shortages and record-breaking energy prices, the situation is escalating around the globe. I can imagine you have […]
Energy News – What’s Going On Q&A? Read More »
Micro what? From long-established family businesses to the new opportunity or career changing entrepreneurial ‘punt’; if you don’t run your own, you will certainly frequent several small businesses a month (if not each week). The ‘infant Hercules’ microbusiness community continues to blossom at pace and has quickly become a key player within the UK economy.
Microbusinesses & Energy Brokers Read More »
You’ve probably seen that energy prices have been hitting the headlines recently; from the change to the domestic price cap, to reports of highest gas prices in fifteen years, it’s a complicated picture and one we’re sure all of our customers are following with interest – understandably so. At Niccolo, we pride ourselves on being transparent
Explaining Rising Gas Prices – Why and What to Expect Read More »
The last year has been turbulent for businesses of all shapes and sizes. Fluctuating rules and regulations coupled with rolling closures left many sectors struggling. Hospitality has of course been extremely hard hit by the pandemic, but hopes are high as the public embrace new freedoms and flock back to out of home eating and
Energy and Hospitality – Bouncing Back to Full Service Read More »
Energy supply is essential for most businesses, yet some suppliers have refused to supply deemed ‘high-risk’ sectors, due to the possible financial instability caused by Covid-19. Throughout the pandemic, Niccolo has remained open and continued to work hard both internally and with our partners to support customers through this challenging period, and we will continue
Continuing to support the market at a difficult time Read More »
It came as no surprise that Wednesday’s budget was dominated by Coronavirus and the road to economic recovery, but among business support and schemes it was reassuring to see clear continued commitment to Green Growth in the UK. Green Bank The start of these commitments being the UK’s first ever Green bank. The bank, based
Budget 2021: Green Growth at a glance Read More »
The need to maintain accurate and up-to-date financial records for your business may seem like a time consuming and unnecessary burden, but with a little thought and structure, the benefits of doing so can far outweigh simply speeding up the filing of the year end tax return. There are some great ‘off the shelf’ accounting
The Top Four Benefits of Keeping Good Financial Records Read More »
AMR (Automated Meter Reading) devices provide daily, or even sometimes half-hourly, readings to your gas provider, ensuring that you are billed accurately and removing the manual aspects of having to provide a read. In conjunction with other data such as business type and the expected usage of a site, they’re also a powerful analytical tool
The impact of lockdown on business gas usage Read More »
From March last year, Niccolo witnessed an influx of businesses battening down the hatches to prepare for an economic hit as the first lockdown was announced. Since then, we have been tracking the impact this has had on customers’ energy bill debt across lockdown 2 and 3. Figure 1 shows Niccolo customer debt rose by
The impact of Covid-19 on SME business debt – graphs Read More »
Despite its obvious challenges, 2020 was a record breaking year for Britain’s electricity system. Data shows that 2020 was officially the greenest year on record with an average carbon intensity of 181 gCO2/kWh. During the nation’s first lockdown, we even saw the longest coal free run since the industrial revolution. Record low electricity demand, large
Sparks fly in record breaking year for Britain’s electricity system Read More »
