« view gas and electricity news archive

Cheap dual fuel supplier may offset need for major cuts

Published on : 25/08/2010

Start here..

Compare all energy suppliers
9 out 10 can save money!


Compare prices

Securing a deal with a cheap dual fuel supplier may be one way for companies to reduce their business energy bills during the economic downturn.

Many will need to make cuts during the period of fiscal turbulence, with an expert suggesting one area this cannot come in is IT.

Gerry McLaughlin, of ITContractor.com, says every period of struggle sees a particular cost emerge as unnecessary and it is often cut by firms.

"However, this time round IT was seen as both a cost-cutting enabler and as too crucial to the business," he explains.

Mr McLaughlin's words follow the latest workforce report by e-skills UK, which shows there is a higher-than-average level of confidence in IT currently.

Meanwhile, with cuts in some area potentially required, businesses may find a new deal with a cheap dual fuel supplier helps them to minimise these.

The report also revealed demand for labour and skills was down two per cent in the last quarter, perhaps suggesting this is where cuts could be made.

Posted by Jim Tidy

Find out more about our news team »

Visit the UK Power Shop

Newsletter sign up

Subscribe for free energy price updates and lots of money saving ideas.

Sign up

Switch energy with confidence

Consumer Focus

The UK Power energy comparison site is a fully accredited to Consumer Focus Confidence Code to compare energy for domestic consumers

Latest energy price updates

Latest supplier prices change:

06 February 2012

view energy price updates »