Business
Guernsey event to help islanders save on energy bills
An electricity event is being held in Guernsey in a bid to help islanders save money on energy bills during the winter.
Guernsey Electricity will hold the Powering Life for Less Show at St Pierre Park Hotel between 10:00 and 15:00 BST.
Gareth Wordingham, from Guernsey Electricity, said tips on how best to use appliances would be offered.
“What we’re looking for is helping all people on Guernsey reduce their expenses both on energy and more widely across the home,” he said.
Mr Wordingham said: “We’ve worked with people who are offering savings for people and how to help them and tips they can take home and use.”
He said customer services advisers would be on hand to help people with bills as well as The Repair Cafe, Guernsey Welfare Service and the Little Green Energy Company.
Mr Wordingham said there were lots of things customers could do to save energy and money, including using electricity during cheaper times.
“Almost 90% of customers in Guernsey have a two rate meter and are on super economy 12, and so if you use your electricity at those cheaper times you can save over 50% of the cost for it,” he said.
He said setting washing machines and dishwashers to eco mode could lead to savings of more than 35%.
“We’ll be there helping people [to know] how to set their immersion heaters so it doesn’t come on too often and saves money for them in that way as well,” he said.
Business
US economy grows at fastest pace in two years
The US economy picked up speed over the three months to September, as consumer spending jumped and exports increased.
The world’s largest economy expanded at an annual rate of 4.3%, up from 3.8% in the previous quarter. That was better than expected, and marked the strongest growth in two years.
The figures offer a clearer picture of the state of the US economy heading into the end of the year, after data collection had been delayed by the US government shutdown.
The report showed consumer spending rising by 3.5%, compared with 2.5% in the previous quarter.
Business
Fish and chip shop offers 100 free Christmas meals in Southampton
“It’s just a way of us giving back to the community,” says a fish and chip shop owner, who is giving away 100 free meals on Christmas Eve.
Raj Khaira, from Southampton, has owned Top Catch fish and chips in Shirley for five years and says he wants to support lonely people in the area.
He says he feels lucky to have a big family but knows for some customers a conversation with a shopkeeper might be the only one they have some days.
He says the shop will give portions of sausage and chips to those in need as a way of “giving back to the people who haven’t got family around them and sometimes can’t afford a hot meal”.
Mr Khaira speaks about working in business all of his life and how much he enjoys meeting “different people every day, from different backgrounds”.
“I’ve done it since I was a young kid so it’s all I really know,” he says.
He adds that many of his customers are elderly and do not have connections over the festive period.
“Christmas for majority of us is probably going to be a joyful and busy day but for some people it’s probably going to be a quiet day,” he says.
After posting about the plans to donate on social media he received a lot of publicity and Mr Khaira is prepared to “probably do more than” 100 meals.
He says the shop has already organised a toy and present drop off to Southampton hospitals this December, with many of the donations coming from customers.
He says: “We’re only where we are as a busy shop because of our community and our lovely customers that come in and sometimes you’ve got to give back and I’m happy to do that.”
Looking back on some of the negative news reported in Shirley earlier this year with the rise in anti-social behaviour in the area, he admits he had suffered.
His shop window was smashed in the summer, but he says: “Christmas time lets us just try and forget that for a minute and just try and have a good time, and reflect back on the year and hopefully next year is going to be a better one.”
Business
Gold price shines by Rs8,500 per tola – SUCH TV
The price of per tola 24-karat gold in Pakistan increased by Rs8,500 on Tuesday, reaching Rs470,862 compared to Rs462,362 on the previous day.
According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 10 grams of 24-karat gold rose by Rs7,288, climbing to Rs403,688 from Rs396,400 on last day.
Likewise, the rate of 10 grams of 22-karat gold went up by Rs6,681, closing at Rs370,060 against Rs363,379.
In the international market, gold prices increased by $85, reaching $4,485 compared to $4,400 on the previous day.
Meanwhile, the price of per tola silver and that of 10-gram remained stagnant at Rs Rs7,205 and Rs6,177, respectively. International silver prices also remained unchanged at $69.30.
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