Chancellor announced in today’s budget that the economy shrunk by 10% over the last 12 months and UK borrowing is at a high not seen since the war. Therefore it comes as no surprise that the budget was again dominated by Coronavirus and the road to recovery, with emphasis on funding which continues to support […]
Budget 2021: How will it impact my business? 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 »
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 »
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 »
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 »
What is net zero? Net Zero means achieving balance between the volume of emissions we release into the atmosphere and the amount we take out. The UK Government is the first major economy to set a world-leading target to achieve Net Zero by 2050; this of course is all in a bid to tackle climate
How Can Hydrogen Help Us Reach Net Zero? 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 »
COVID-19 has triggered a sharp rise in businesses looking to better manage their energy supply; as such, they are seeking to reduce costs where possible, without compromising on output or service. Understanding your energy use Having a plan for your energy management can mean reduced bills and money saved, but beyond this, a real focus
How can I better manage my energy supply? Read More »
A recent survey by Lloyds Banking Group of more than 1,000 small and medium-sized businesses (SMEs) across the UK has revealed that four in 10 are unsure of how the Government’s commitment to net-zero by 2050 will impact them, never mind the role they play in reaching the goal. More than nine in 10 respondents said
How can SMEs prepare for net-zero? 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 »
