Ed Miliband’s pledge at the Labour party conference to freeze consumer power prices until 2017 has pitted energy groups’ claims that a cap would hit much-needed investment against those who believe consumers are paying over the odds.
Here is a snapshot of what the currently available statistics show us about domestic power bills:
Data from the Department of Energy and Climate Change is clear that consumers have been facing steadily rising energy bills with a real terms rise of over 40 per cent for direct debit consumers for electricity between 2007 and 2012.
Latest official statistics released on Respect the Aged Day in Japan mark a symbolic milestone for the country with just shy of 32 million people – a quarter of the overall population – now over 65-years-old. (Hat tip to my colleague Ben McLannahan for spotting the numbers.)
Japan’s statistics agency also estimates that by 2035 the proportion of elderly people will rise to over 33 per cent.
Last year the IMF estimated that Japan’s working age population in 2050 would have fallen to the same size as it was at the end of the Second World War. Read more
Investors looking for information on Twitter ahead of its anticipated public offering have very little to go on: the company revealed nothing of its plans, other than a single 135 character tweet.
The one thing we do have some information on – drawn almost entirely from third party monitoring firms – is its user base. Launched in 2006, Global Web Index estimated in January this year the micro blogging site had 288 million active users and is the fastest growing social networking service. Read more
Chancellor George Osborne felt confident to state today that the UK is “turning a corner” and returning to health following a run of positive economic data. Here are the key charts supporting his claim, as well as a few on why it isn’t yet time to bring out the champagne.
The data the chancellor is banking on…
National Institute of Economic and Social Research (Niesr) last week estimated that the UK economy expanded at its fastest rate in more than three years in August.
Further confirmation – if it was needed – of how rapidly the media industry is changing comes in today’s ONS statistical bulletin on internet access.
This year, for the first time, the majority of adults in the UK report reading news online (55 percent), up from 47 percent in 2012. And the pace of adoption has been rapid.
Whilst the growth in interest in online news offers opportunities for publishers, coincidentally, an interesting study out today from City University’s Neil Thurman provides a caveat. It suggests that despite the big increase in online readership substantially more reader time is spent on print editions than online.
But, the clear theme of the ONS bulletin is how deeply the internet has become embedded in daily life to an extent unimaginable only a few years ago. Read more