|By PR Newswire||
|March 19, 2014 01:19 PM EDT||
LONDON, March 19, 2014 /PRNewswire/ --
Money Dashboard shows exactly how the Budget will affect UK spending on alcohol and cigarettes
George Osborne's latest round of tax increases on alcohol and cigarettes will cost the average drinker an extra £19.76 and a smoker £69.06 each year. This is according to research announced today by smart account aggregation service Money Dashboard.
Money Dashboard has analysed the spending of 20,000 users to work out the current UK average spending on alcohol and cigarettes and how today's Budget increases will affect it over the course of a year.
- The average UK spend on alcohol was previously £1,708 per year. Following the 2014 Budget, this will increase only at the rate of inflation to £1727.76 - a yearly increase of £19.76. Beer drinkers, who saw a 1p cut per pint, will save on average £5.63 per year.
- The average UK spend on cigarettes was previously £565 per year. Following the 2014 Budget, this will increase to £634.06 - a yearly increase of £69.06.
- The average UK spend on fuel was previously £2,017 per year. Following the 2014 Budget at the rate of inflation, this will increase to £2,055.32 - a yearly increase of £38.32.
Money Dashboard has also created four dashboards to visually show exactly where government spending goes and how this has changed over the past four Budgets. With these dashboards, the government's increased spending on healthcare by £3bn is easier to understand.
High-resolution dashboards are available here.
Gavin Littlejohn, Founder and CEO of Money Dashboard comments: "With taxation on things like cigarettes and alcohol increasing, your average consumer will need to look long and hard at their finances to see where these additional costs will come from. Whilst a 2% increase in tax on cigarettes above inflation may not sound like much, over the course of the year, it could in fact jeopardise the chance to buy that dress or suit you've had your eye on.
Using data from real users we are able to demonstrate exactly how the Budget will impact on UK consumer spending. Having complete visibility of your expenditure, from all your bank accounts, will be key to managing your money and tracking where it goes each month and over the course of a year."
About Money Dashboard:
Money Dashboard is the UK's leading smart account aggregation service that allows users to view spending across multiple accounts, automatically tag spending into different areas and budget for the future. Money Dashboard is a free online service that allows users to:
- Aggregate: all of their finances into one place by linking different accounts including savings, current and credit cards, no matter which bank they belong to. Money Dashboard provides users with an overview of their finances all in one place.
- Intelligently Tag: all of their financial data. Money Dashboard automatically categorises income and expenditure into groups and tags such as 'household', which is then further subdivided into 'electricity' for example, to make sense of your financial transactions.
- Visualise: financial data by creating simple graphs and pie-charts that show users exactly where money goes each month.
Money Dashboard makes your financial life easier. Whoever you bank with, all your current, savings and credit card accounts come together giving you a clear picture of exactly what's happening with your money. Launched in 2010 Money Dashboard has become one of the largest account aggregation services in the UK.
SOURCE Money Dashboard
The Internet of Things (IoT) is about the digitization of physical assets including sensors, devices, machines, gateways, and the network. It creates possibilities for significant value creation and new revenue generating business models via data democratization and ubiquitous analytics across IoT networks. The explosion of data in all forms in IoT requires a more robust and broader lens in order to enable smarter timely actions and better outcomes. Business operations become the key driver of I...
Aug. 31, 2015 02:30 PM EDT Reads: 402
While many app developers are comfortable building apps for the smartphone, there is a whole new world out there. In his session at @ThingsExpo, Narayan Sainaney, Co-founder and CTO of Mojio, will discuss how the business case for connected car apps is growing and, with open platform companies having already done the heavy lifting, there really is no barrier to entry.
Aug. 31, 2015 02:30 PM EDT Reads: 138
With the proliferation of connected devices underpinning new Internet of Things systems, Brandon Schulz, Director of Luxoft IoT – Retail, will be looking at the transformation of the retail customer experience in brick and mortar stores in his session at @ThingsExpo. Questions he will address include: Will beacons drop to the wayside like QR codes, or be a proximity-based profit driver? How will the customer experience change in stores of all types when everything can be instrumented and a...
Aug. 31, 2015 02:30 PM EDT Reads: 450
The web app is agile. The REST API is agile. The testing and planning are agile. But alas, data infrastructures certainly are not. Once an application matures, changing the shape or indexing scheme of data often forces at best a top down planning exercise and at worst includes schema changes that force downtime. The time has come for a new approach that fundamentally advances the agility of distributed data infrastructures. Come learn about a new solution to the problems faced by software organ...
Aug. 31, 2015 02:13 PM EDT
WSM International, the pioneer and leader in server migration services, has announced an agreement with WHOA.com, a leader in providing secure public, private and hybrid cloud computing services. Under terms of the agreement, WSM will provide migration services to WHOA.com customers to relocate some or all of their applications, digital assets, and other computing workloads to WHOA.com enterprise-class, secure cloud infrastructure. The migration services include detailed evaluation and planning...
Aug. 31, 2015 02:00 PM EDT Reads: 176
SYS-CON Events announced today that DataClear Inc. will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. The DataClear ‘BlackBox’ is the only solution that moves your PC, browsing and data out of the United States and away from prying (and spying) eyes. Its solution automatically builds you a clean, on-demand, virus free, new virtual cloud based PC outside of the United States, and wipes it clean...
Aug. 31, 2015 01:45 PM EDT Reads: 411
Amazon and Google have built software-defined data centers (SDDCs) that deliver massively scalable services with great efficiency. Yet, building SDDCs has proven to be a near impossibility for ‘normal’ companies without hyper-scale resources. In his session at 17th Cloud Expo, David Cauthron, founder and chief executive officer of Nimboxx, will discuss the evolution of virtualization (hardware, application, memory, storage) and how commodity / open source hyper converged infrastructure (HCI) so...
Aug. 31, 2015 01:05 PM EDT
Culture is the most important ingredient of DevOps. The challenge for most organizations is defining and communicating a vision of beneficial DevOps culture for their organizations, and then facilitating the changes needed to achieve that. Often this comes down to an ability to provide true leadership. As a CIO, are your direct reports IT managers or are they IT leaders? The hard truth is that many IT managers have risen through the ranks based on their technical skills, not their leadership ab...
Aug. 31, 2015 12:30 PM EDT Reads: 353
With the Apple Watch making its way onto wrists all over the world, it’s only a matter of time before it becomes a staple in the workplace. In fact, Forrester reported that 68 percent of technology and business decision-makers characterize wearables as a top priority for 2015. Recognizing their business value early on, FinancialForce.com was the first to bring ERP to wearables, helping streamline communication across front and back office functions. In his session at @ThingsExpo, Kevin Roberts...
Aug. 31, 2015 12:16 PM EDT
eCube Systems has released NXTmonitor, a full featured application orchestration solution. NXTmonitor, which inherited the code base of NXTminder, has been extended to support multi-discipline processes and will act as a DevOps utility in a heterogeneous enterprise environment. Previously, NXTminder was packaged with NXTera middleware to configure and manage Entera and NXTera RPC servers. “Since we are widening the focus of this solution to DevOps, we felt the need to change the name to NXTmon...
Aug. 31, 2015 12:15 PM EDT
Contrary to mainstream media attention, the multiple possibilities of how consumer IoT will transform our everyday lives aren’t the only angle of this headline-gaining trend. There’s a huge opportunity for “industrial IoT” and “Smart Cities” to impact the world in the same capacity – especially during critical situations. For example, a community water dam that needs to release water can leverage embedded critical communications logic to alert the appropriate individuals, on the right device, as...
Aug. 31, 2015 12:00 PM EDT
Everyone talks about continuous integration and continuous delivery but those are just two ends of the pipeline. In the middle of DevOps is continuous testing (CT), and many organizations are struggling to implement continuous testing effectively. After all, without continuous testing there is no delivery. And Lab-As-A-Service (LaaS) enhances the CT with dynamic on-demand self-serve test topologies. CT together with LAAS make a powerful combination that perfectly serves complex software developm...
Aug. 31, 2015 12:00 PM EDT Reads: 200
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.
Aug. 31, 2015 11:30 AM EDT Reads: 888
SYS-CON Events announced today that Micron Technology, Inc., a global leader in advanced semiconductor systems, will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Micron’s broad portfolio of high-performance memory technologies – including DRAM, NAND and NOR Flash – is the basis for solid state drives, modules, multichip packages and other system solutions. Backed by more than 35 years of tech...
Aug. 31, 2015 11:15 AM EDT Reads: 226
As more intelligent IoT applications shift into gear, they’re merging into the ever-increasing traffic flow of the Internet. It won’t be long before we experience bottlenecks, as IoT traffic peaks during rush hours. Organizations that are unprepared will find themselves by the side of the road unable to cross back into the fast lane. As billions of new devices begin to communicate and exchange data – will your infrastructure be scalable enough to handle this new interconnected world?
Aug. 31, 2015 11:00 AM EDT Reads: 160