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 »
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 »
Recently, Analytics Manager Samantha Potter, discussed the first ten days of the second national lockdown and how this had impacted gas usage of some AMR (Automated Meter Reading) device sites across a range of sectors. This week she looks at a more in-depth comparison of the most recent lockdown with the first national lockdown in late March.
How has gas usage differed between the first and second national lockdowns? 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 »
At the start of 2020 we began a major new programme of work, a project pivotal to the future of Niccolo, the re-design and replacement of the systems that support our core business as an energy supplier. The replacement of these systems will touch every aspect of our business with far-reaching implications for IT, our
How has lockdown technology boosted our appetite for change? Read More »
