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Npower to raise prices by 10.4%

Npower to raise prices by 10.4% | Micro | Scoop.it
Energy firm Npower is the latest supplier to announce price rises, with a dual-fuel bill to go up 10.4% from 1 December.
Manisha Patel's insight:

This article is about the recent price increases in energy by Npower, but more importantly all major suppliers. Npower allegedly claimed that the cost of production has increased because government green taxes has gone up and it has become more costly to deliver energy to homes. The energy companies continue to claim that their profit margins are very thin and therefore to sustain these marigns, they had to increase the prices by around 10%.

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EU 'millionaire' farm subsidies likely to stay

EU 'millionaire' farm subsidies likely to stay | Micro | Scoop.it
Intensive food production threatens EU efforts to make farm payments more eco-friendly, Roger Harrabin reports.
Manisha Patel's insight:

The article is about how the EU is willing to subsidise loss of profits for farmers in return for safeguarding pasture land, diversifying crops and leaving 7% of farmland for wildlife. Without this subsidy, farmers are more inclined to use the land to produce more profitable crops as opposed to protecting wildlife. 

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