Daily Archives: July 13, 2011

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Confused.com Sees 2000% Surge As Customers Flock To Save Money On Energy

A surge in energy prices announced by British Gas within the last few days has prompted a 2000%* jump in visits to comparison site Confused.com as customers rush to save money. People are flocking to the price comparison site to find the best deals and avoid the price hikes.

Confused.com Chief Marketing Office, Mike Hoban said: “At a time when utility suppliers are reporting record profits and massive price rises, consumers are voting with their laptops and looking for the cheaper deals.”

Confused.com also offers popular hints and tips on how to reduce energy used around the house, as well as an impartial comparison service which makes it easy for people to shop around and save on gas and electricity bills.

British Gas is the second of the Big 6 to announce gas and electricity price rises. Gas prices are set to increase by an average of 18%, electricity by an average of 16%, effective from 18 August 2011. This increase means around £190** will be added to the average household bill for the customers affected.

Lisa Greenfield, energy analyst at Confused.com commented on the price rises:
“Struggling households will be dismayed by this news, and as British Gas is the largest supplier in the UK, many families will be hit hard.”

Via EPR Network
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Business Monitor International Release Latest Report On The Greek Infrastructure

Business Monitor International has announced the release of its newest report, which examines the state of the industry infrastructure in Greece.

This is currently a turbulent time for Greece’s economy, as there have been protests about tax rises, job losses and a number of strikes at power plants. The impact of fluctuations in the infrastructure market is likely to be felt in Greece’s construction industry which is currently struggling to cope with reduced demand for its services.

Business Monitor International’s report covers all the major areas of the infrastructure sector including transportation, energy and utilities; analysis of the latest industry trends and prospects; and competitive intelligence on leading construction companies. It also features BMI’s market assessment and 5-year forecasts to end-2015 covering public procurement and spending on all major infrastructure and construction projects, including transportation and logistics by land, sea and air; power plants and utilities, and commercial construction and property development. The report also analyses the impact of regulatory changes and the macroeconomic outlook and features competitive intelligence on multinational and national contractors and suppliers.

BMI’s previous outlook for the Greek energy and utilities market predicted that the market was in decline and would continue to decline. The Greek parliament is due to vote on the government’s latest round of spending cuts and tax rises. Spending cuts are likely to hit the infrastructure industry hard as the industry is reliant on growth and investment which is likely to be reduced as part of the proposed spending cuts.

The Infrastructure report enables industry professionals, strategists, sector analysts, investors, trade associations and regulatory bodies to evaluate and better manage the risks, and exploit business opportunities, in global infrastructure markets. BMI’s analysis of the situation and forecasts for the future offer insight for those looking to manage risks or considering investment.

Via EPR Network
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Business Monitor International Releases Report On Russian Food And Drink Market

Business Monitor International has released its latest report examining the state of the food and drink market in Russia.

BMI provides reports covering various sectors and geographic locations, and key food and beverage trends. This report is its latest signification product release for Q3 2011.

The BMI reports on food industry trends are designed to enable manufacturers and suppliers, grocery retailers, consultants, policy makers and regulatory organisations to identify international growth opportunities, evaluate risks and opportunities in global food, drink and retail markets.

According to this latest report, Russian food prices which have seen some easing in recent months, may be about to start rising as the recent ban on grain exports, which was put in place to keep domestic food prices down following droughts, gets lifted.

The report concentrates on industry-specific regulatory environment and highlights recent issues with fruit and vegetable imports from the EU, which have also provided a temporary boost for the Russian domestic fruit and vegetables industry.

The Russia Food and Drink Report also analyses the implications of the latest industry and macroeconomic developments like the effect of the import ban imposed by the Russian government following the E.coli outbreak in Germany which resulted in 38 deaths and affected thousands of people. Russia’s food safety watchdog is currently analysing the issue to determine what additional measures it should take to guarantee the safety of products imported to Russia from the EU.

As the key to ensuring effective business management is to be able to manage risk and exploit the available business opportunities, BMI believes that the information in this report will prove to be an invaluable aid to a wide range of global industry professionals working in the Russian food and drink market.

Via EPR Network
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