PLC 4ever http://plc4ever.com/ Tue, 20 Sep 2022 16:40:19 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://plc4ever.com/wp-content/uploads/2021/06/icon-150x150.png PLC 4ever http://plc4ever.com/ 32 32 Process and control today | FANUC UK aims to unite the automation community to tackle the labor crisis https://plc4ever.com/process-and-control-today-fanuc-uk-aims-to-unite-the-automation-community-to-tackle-the-labor-crisis/ Tue, 20 Sep 2022 16:40:19 +0000 https://plc4ever.com/process-and-control-today-fanuc-uk-aims-to-unite-the-automation-community-to-tackle-the-labor-crisis/

To address the ongoing labor crisis in the manufacturing industry, FANUC UK brings together a collective of automation experts, bringing together more than 30 leading names from across the automation and robotics industry to discuss the most pressing issues facing the manufacturing sector today. FANUC UK will open the doors to its Coventry headquarters from 2-4 November 2022, offering visitors a behind-the-scenes look and full access to its state-of-the-art automation facility. The event will also feature live robot demonstrations and hands-on robot training, showcasing the next generation of industrial robotics professionals and offering attendees the opportunity to pit their skills against this year’s and previous years’ WorldSkills UK finalists.

Debate and insights from automation experts

FANUC UK thought leaders – including MD Tom Bouchier and new Sales Director Oliver Selby – will be joined by renowned automation experts such as Rockwell Automation’s Phil Hadfield and representatives from FANUC’s system integration partners. The Open House morning sessions feature a range of free lectures, panel discussions and interviews with automation leaders eager to share their experiences and highlight the many real benefits that robotics and automation can bring to UK manufacturers.

They will put the latest developments in industrial automation in the spotlight and show how robotics can help manufacturers overcome the current labor market crisis, increase productivity and improve quality and consistency. Sessions on digital transformation, upskilling and cobots will be accompanied by debates on harnessing the power of partnerships and investing in trainees, among many other hot topics. Visitors can also speak directly to industrial automation experts from FANUC and its partners and receive valuable support to help them on their own digital transformation journey.

“Historically, UK manufacturers have been slower than their international counterparts in the robotics revolution, but the International Federation of Robotics (IFR) has revealed that the UK is now one of the top 15 countries for annual industrial robot installations, and the number is increasing 8% in 2020,” says Oliver Selby, Sales Director, FANUC UK. “Partly due to the labor shortages caused by Brexit and the pandemic, demand for robots in the UK is expected to continue to grow. We look forward to demonstrating the benefits of automation, providing real-world insight into the top issues facing the manufacturing sector, and addressing any remaining concerns manufacturers have.”

Live robot demonstrations

Each afternoon will be devoted to live demonstrations and training, with more than 25 leading robotics and systems integration companies – including Rockwell Automation, Mazak, Mitutoyo, Bauromat, Mills CNC, Mollart, Nikken and Robopod – exhibiting and presenting at the Open House event Knowledge, their know-how and their latest innovations.

Every day there are demonstrations of key FANUC systems such as the CRX cobot range and the ROBOSHOT plastic injection molding machine, and visitors can even watch a replica World Cup trophy being made by the ROBODRILL vertical machining center.

initial and continuing education

With education at the heart of the event, taster sessions will also be available to attendees from the FANUC Academy, which will offer free hands-on robotics training. In addition, the Open House will offer attendees the chance to measure their skills against this year’s and previous years’ WorldSkills UK industrial robotics finalists. WorldSkills is a partnership between employers, educational institutions and governments, using international best practices to raise standards in apprenticeship and technical education that benefit both young people and employers.

Tom Bouchier, Managing Director of FANUC UK, says: “As a proud global industry partner of WorldSkills, FANUC have jointly promoted the competition to aspiring young robot developers. Visitors to our open house can see if they have what it takes to enter the next cycle by executing the exact robotics programming task set for the qualifying round, and our outstanding young finalists will offer their support. We look forward to showcasing the benefits of investing in the next generation and celebrating the hard work of all participants this November.”

To register your interest in attending the annual FANUC Open House (2-4 November 2022, Ansty Park, Coventry), go to https://ukopenhouse.fanuc.eu

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Volta data centers in London operate under the global brand Verne – High-Performance Computing News Analysis https://plc4ever.com/volta-data-centers-in-london-operate-under-the-global-brand-verne-high-performance-computing-news-analysis/ Tue, 20 Sep 2022 13:19:52 +0000 https://plc4ever.com/volta-data-centers-in-london-operate-under-the-global-brand-verne-high-performance-computing-news-analysis/

September 20, 2022 – LONDON – Verne Global, the Iceland-based provider of sustainable data centers for high intensity computing, has announced that Volta Data Centers in the City of London will begin marketing and operating under the Verne Global brand and delivering data become center platform over Iceland and Great Britain.

Verne Global said its Northern European data center platform offers companies the flexibility to place their workloads and applications between two fully optimized locations. The London-based Volta data center connects to network and cloud providers, making it “the ideal location for latency-sensitive workloads that need to stay close to London’s business, financial and media hubs,” according to Verne Sid.

Verne Global’s data center campus in Iceland is optimized for high-intensity computing. It is powered by 100 percent renewable energy and benefits from free air cooling all year round. It offers sustainable, predictable and affordable data center solutions for companies looking to reduce carbon footprint and operational costs. In 2023, the campus will have 40 MW of built capacity, from a possible 100 MW at this original site.

“With two complementary best-in-class data centers, we can now offer businesses more choice in the location of their applications,” said Dominic Ward, CEO of Verne Global. “Our experience shows that less than 10 percent of workloads need to be in metropolitan areas, the rest can be located anywhere in the world. However, historically, many companies place all of their applications in one location, often in locations with severe space and power constraints or unreasonable cost profiles. We help companies take a fresh approach and distribute their applications across different locations to optimize performance, reduce costs and limit their impact on the environment.”

Verne Global’s new expanded team will focus on providing consistent, industry-leading support and will unveil plans to implement engineering design best practices to optimize performance and minimize the environmental impact of its two sites. James Chenery, Sales Director, Finance, of Verne Global, will assume the role of Head of London to oversee all activities in the London office.

Verne Global and Volta are both part of Triple Point’s Digital 9 Infrastructure plc (D9) portfolio of critical digital infrastructure assets focused on creating a more resilient, sustainable, inclusive and accessible internet.

Thor Johnsen, Head of Triple Point’s Digital 9 Infrastructure plc, commented, “This is another great example of increasing the value of convergence across our portfolio. Verne Global data center facilities are among the cleanest and lowest carbon footprint data centers in the world. Volta is one of the best connected data centers in central London with customers still looking for low latency access in key central locations. We are excited about the long-term opportunities for existing enterprise customers to optimize data center usage across the broader platform and to balance Volta’s low-latency metro access with Verne Global’s predictable power costs and sustainability benefits.”

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Energy saving could boost UK economy by £7 billion a year, study finds | energy https://plc4ever.com/energy-saving-could-boost-uk-economy-by-7-billion-a-year-study-finds-energy/ Tue, 20 Sep 2022 05:00:00 +0000 https://plc4ever.com/energy-saving-could-boost-uk-economy-by-7-billion-a-year-study-finds-energy/

Insulating homes in the UK and installing heat pumps could benefit the economy £7 billion a year and create 140,000 new jobs by 2030, research suggests.

However, the implementation of these energy saving measures depends heavily on government policies, according to an analysis by Cambridge Econometrics on behalf of Greenpeace.

For now, ministers have made little plan to encourage households to look into home insulation, although Chancellor Kwasi Kwarteng is expected to make a key announcement on Friday on the economic and energy crises.

Through the Boiler Upgrade Scheme, the Government is offering households up to £5,000 for a heat pump, around half the cost. But uptake has been sluggish so far. To qualify for the government incentive, households must meet a high standard of home insulation, which can cost between £7,000 and £15,000 and for which there is currently no government support for the average homeowner.

Greenpeace UK chief scientist Doug Parr said: “Britain is in the midst of an economic, energy and climate crisis. However, the government continues to shun the eco-friendly home improvements that offer a viable way out of this mess. It’s really confusing.”

The economic recovery forecast in Cambridge Econometrics’ analysis entitled “Economic Impacts of Decarbonising Heating in Residential Buildings,” published by Greenpeace on Tuesday, comes mostly from savings from rising energy bills and the creation of green jobs, as well as the positive impact on the rest of preventing the economy from freeing up people’s spending.

There are also health and social benefits, as people living in poorly heated homes are more susceptible to disease, while lifting people out of fuel poverty improves their well-being and children’s educational opportunities.

Parr said: “The rapid and widespread greening of UK homes will reduce energy use, bills and carbon emissions. It will provide millions of households with warmer homes that are cheaper to run and will help limit the catastrophic effects of the climate crisis. With the UK heading into recession it could give the economy a nearly £7 billion boost by the end of the decade.”

According to the modeling used in the report, in 2030 the government would need to spend £4.2bn on supporting heat pumps and insulation, while households would need to spend £9.3bn. This year, households would also save £11bn from lower heating bills.

Government investment in a scheme to subsidize insulation and heat pump installation would total around £27.7 billion from 2022 to 2030, according to the study.

Greenpeace called on Kwarteng to spend £7 billion on insulation and heat pump installations over the next two years, and to give more support to people living in energy poverty with an unexpected tax on oil and gas companies of 70% of their profits.

Liz Truss, Prime Minister, has set an energy bill cap of £2,500 per year for the average household, which is significantly lower than the £3,500 expected under the previous energy price cap calculation system.

However, the freeze will mean the government has to pay energy companies an estimated $150 billion.

Insulation is the cheapest way to cut energy bills, experts have said repeatedly since Russia’s invasion of Ukraine pushed up gas prices this February. But the government has since taken no steps to improve home insulation rates, to the dismay of experts and green activists.

Insulation rates have fallen by 50% over the past year and since the green house subsidy was abolished in March 2021 following its ‘botched’ administration, there has been no government support for the average household in England to install insulation. Insulation rates have been low over the past decade and the UK has continued to build new homes that use gas boilers, have no solar panels and are not built to low carbon standards, requiring expensive retrofits to reach the goal of net zero to achieve greenhouse gas emissions by 2050.

Financial markets expect gas prices to remain high for at least two years, and some predict it could be much longer.

Jon Stenning, environmental director at Cambridge Econometrics, said: “Improving the quality of Britain’s housing stock and switching to low-carbon heating technologies can immediately reduce household bills and keep the struggling household from having to choose between heating and eating in the winter, whilst also having a bigger one economic growth and significant savings in CO2 emissions in the long term.”

Michael Lewis, Chief Executive of energy company E.ON UK, said: “We have seen the personal impact of people living in warmer, more comfortable homes – not just lower bills, but families living healthier lives on the streets and in housing developments just nicer places to live.”

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Warnings of a slowdown in the UK economy are flashing as inflation soars https://plc4ever.com/warnings-of-a-slowdown-in-the-uk-economy-are-flashing-as-inflation-soars/ Mon, 19 Sep 2022 18:48:38 +0000 https://plc4ever.com/warnings-of-a-slowdown-in-the-uk-economy-are-flashing-as-inflation-soars/

The UK economy is heading for a slowdown or recession as consumers and businesses grapple with the uncertainty caused by rapid inflation, tax hikes, rising interest rates and the war in Ukraine. Bank of England Governor Andrew Bailey said on Thursday that the BoE is walking a fine line between fighting inflation and avoiding a recession. So far, Finance Minister Rishi Sunak has resisted calls for more budget support.
Below are a series of charts showing signs of strain for the world’s fifth-largest economy.

Confidence falls Market research firm GfK said on Friday that consumer confidence fell this month to its lowest level in almost 50 years. The report was a warning sign of a recession. According to the S&P Global/CIPS Composite Purchasing Managers’ Index, business confidence fell for the third straight month in April, hitting its lowest level since October 2020. Consumer spending in stores fell more-than-expected in March, contributing to the decline in February, according to official data released on Friday.

The UK economy will slow in 2022 and face weaker economic growth and persistent inflation in 2023 than other major wealthy nations, the International Monetary Fund forecast this week. The IMF said the 2022 and 2023 downgrades reflected “increasing inflationary pressures” and tightening monetary policy. CPI inflation jumped to 7% in the 12 months to March, a 30-year high, and is expected to rise further in April as larger electricity price hikes begin. The government budget forecast released in March said inflation could reach close to 9% later this year depending on energy prices.

Volumes are above pre-pandemic levels, but otherwise not. is also lower. Another figure from Thursday shows card payments spend for the week ended April 14. Falling wages and savings In the three months to February, the UK’s inflation-adjusted earnings fell the most since 2013, according to official data. Households are using up their savings during the coronavirus pandemic as pressure on incomes mounts. In the final three months of 2021, the amount households are saving as a percentage of total disposable income and outstanding pensions has fallen to near pre-pandemic levels.

The UK labor force is above pre-pandemic levels and is driving the economy. However, the total number of workers, including the self-employed, remains below February 2020. UK lenders expect loan defaults to rise in the coming months and plan to rein in mortgage lending by the largest amount since the start of the COVID-19 pandemic. A Bank of England study showed earlier this month.

Summary of the news:

  • Warnings of a slowdown in the UK economy are flashing as inflation soars
  • Check all the news and articles from the latest business news updates.
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‘It felt important to move on’: grief poses a dilemma for London fashion week | London fashion week https://plc4ever.com/it-felt-important-to-move-on-grief-poses-a-dilemma-for-london-fashion-week-london-fashion-week/ Sun, 18 Sep 2022 20:18:00 +0000 https://plc4ever.com/it-felt-important-to-move-on-grief-poses-a-dilemma-for-london-fashion-week-london-fashion-week/

There was only one show in town in London this weekend and that was The Queue. But the London Fashion Week catwalks went on.

“It was important to keep going because London has to stick together at this time and right now some of this city’s young designers are at risk of losing their businesses,” said designer Jonathan Anderson after his JW Anderson show.

A black T-shirt imprinted with “Her Majesty The Queen 1926-2022” was worn alongside a mini dress made of plastic computer keys jumbled into an alphabet mosaic and a pair of plastic shark fins worn by model and author Emily Ratajkowski. contain.

The runway began on a Soho street, crash barriers holding back the crowds that had packed central London all weekend before winding through a video arcade.

Backstage after the show, Anderson happily defended the inappropriate combination of looks.

“London has felt absolutely exceptional over the past week. I have never known such energy. I don’t think I’ve ever seen Soho so busy and it’s not all gloomy. People have a drink but they’re just being nice, you know? It’s very British.”

The late addition of the t-shirt – featuring a font copied from the Transport for London tribute posters that appeared at bus stops across the capital on the evening of the Queen’s death – “will remind me of what this moment is really about.” going when I look at pictures of this collection in 20 years,” he added.

Emily Ratajkowski on the runway at the JW Anderson Show. Photo: REX/Shutterstock

The dilemma of whether to risk looking corny by including a tribute to the Queen amidst the party dresses, or appear disrespectful by not doing so has London fashion week divided.

Steven Stokey-Daley’s show happened to be about privilege, gender and dysfunction in Britain’s upper class, but it had nothing to do with the Queen. In the large Victoriana at the St. Pancras Hotel, actors read excerpts from love letters between Vita Sackville-West and Violet Trefusis.

The 100-year-old words of two women making their way through patriarchal society were accompanied by gender-specific clothing in the style of a 1930s queer gardener tending to Sissinghurst—a calico shirt, wide-legged corduroys, a merino sweater.

The mood at the shows on Sunday was reserved. trays of champagne are out; Instead, designer Nensi Dojaka gave each guest a white hydrangea sprig. But the famous front row performed at Rejina Pyo’s show, where actress Sharon Horgan and singer Jessie Ware showed up to support the young designer.

On the 28th floor of a new skyscraper in the City of London, Pyo said she had thought about Tolstoy’s saying that “if you know how to work and how to love, you can live great in this world” – and how, as Tolstoy wrote those words, he thought only of men.

Pyo, whose fresh cuts and easy prettiness have made her a force influential in the fashion world, wanted to celebrate what a life where work and love merge is like for women, she said. A soft pant suit and stretchy lace dresses worn with low sandals came in lemon, sage, duck egg blue – and only occasionally black.

Michael Halpern’s show began in silence, with a model in a coronation-length light-blue robe and a silk headscarf knotted under her chin.

The American-born designer will soon be a British citizen and wanted “a quiet moment to say thank you to a country that has given me a career, friendships and a life,” he said.

As soon as the dress left the catwalk, David Bowie’s Cat People began playing, and a strapless leopard print dress changed the mood.

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The Oil & Gas SCADA market is expected to be worth $23.12 billion https://plc4ever.com/the-oil-gas-scada-market-is-expected-to-be-worth-23-12-billion/ Sun, 18 Sep 2022 12:33:00 +0000 https://plc4ever.com/the-oil-gas-scada-market-is-expected-to-be-worth-23-12-billion/

The Oil & Gas SCADA Market is forecast to be worth US$23.12 Billion by 2032, registering a CAGR of 5.95% during the forecast period (2021-2032). The market was valued at $3.67 billion in 2021.

SCADA (Supervisory Control and Data Acquisition) is an essential set of industrial software applications used to manage all forms of process production. This SCADA is used in the upstream, downstream and midstream of the oil and gas sector for fault reduction, automation, critical decision making, remote monitoring and crisis response. It can control the high-level critical operations in the oil and gas, manufacturing and transportation industries.

Rising adoption of cloud-based services and solid investments in pipeline infrastructure across North America will drive the growth of the market over the forecast period. This oil and gas SCADA system includes various sub-segments and components such as programmable logic controllers (PLCs), industrial PCs, servers, monitoring systems, telemeters and RTUs.

The scope of this research report extends from the rough outlines of the Oil & Gas SCADA market to the delicate structures, classifications and applications. This research report also offers a clear picture of the global market by presenting data through effective info graphics. It also includes a detailed list of factors influencing the growth of the market.

Download sample copy with table of contents, graphics and list of figures@ https://www.mraccuracyreports.com/report-sample/381303

Major Players Mentioned In The Global Oil & Gas SCADA Market Research Report:

ABB Ltd. (Switzerland), Schneider Electric SE (France), Rockwell Automation, Inc. (USA), Yokogawa Electric Corporation (Japan), General Electric Company (USA), Honeywell International Inc. (USA), CygNet Software, Inc. (USA) , Siemens AG (Germany), Quorum Business Solutions, Inc. (USA), Larsen & Toubro Limited (India), ZTE Corporation (China), PSI AG (Germany), Mitsubishi Electric Corporation (Japan), Orbcomm Inc. (USA) , Iconics, Inc. (USA), Detechtion Technologies (USA), eLynx Technologies, LLC (USA), Globalogix, Inc. (USA), TRC Advanced Technologies Inc. (USA), Inductive Automation (USA), International Business Machines Corporation (US), TechnipFMC plc (UK), Emerson Electric Co. (US), Bentek Systems (Canada), PetroCloud, LLC (US)

Global Oil & Gas SCADA Market Segmentation:

Oil & Gas SCADA Market Types:

Hardware, software, services.

Oil and Gas SCADA Market Applications:

Onshore Oil & Gas, Offshore Oil & Gas

restraint:

Different solution providers provide interoperability of multiple system components and may hamper the growth of the Oil & Gas SCADA market. And the SCADA system was very expensive, which reduces the growth of the market. Apart from this, concerns related to data security can also hamper the growth of the market trends. Oil and gas prices fluctuate and fall, which can slow down the market.

occasions:

The emerging big data analysis is one of the opportunities for the growth of the market. The growth of research and development in wireless sensor network can increase the market demand. Control valves are expected to increase demand in the market. These are controlled by a PLC that manages the flow of liquids and also controls pressure, temperature and liquid levels. The remote monitoring and regulation of the process flow is accomplished through the control valves thus increasing the growth of the Automation Oil and Gas market value.

Challenges:

There are many dangerous switches, sensors and other components in the automation system of oil and gas plants, and the data is collected about the components. If not structured properly, huge amounts of data will be jumbled. Sophisticated systems are required for data transfer and collaboration. It requires experienced operators and expensive systems. The connected components are rough and can lead to breakage of components, and if not properly tracked, incorrect data can be collected.

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Regional Analysis –

The global oil and gas SCADA market is segmented into four major regions such as Americas, Southeast Asia, Middle East and Africa. Of these, North America holds the largest market share due to its high investment in pipeline infrastructure and increasing adoption of cloud services. The US and Canada are expected to boost demand from the oil and gas industry due to their increasing investment in refineries and exploration of new oil and gas fields.

Recent Developments

In March 2020, ABB launched the colour-coded sensors that reduce the effort to understand and select the optimal pH measurement solution. It analyzes the pH of the water in a very effective way.
Emerson is launching two Rosemount 628 General Purpose Gas Sensors in July 2019 with advanced technologies for measuring carbon monoxide and oxygen deficiency and monitoring hydrogen sulfide. This can lead to a dangerous situation which is avoided by this Rosemount 928 Wireless Gas Monitor Platform.
Rockwell Automation launches Avnet Data Security, a provider of cybersecurity services, in January 2020. He serves a large number of clients worldwide and accelerates the company’s portfolio development in various developing markets.

The aim of the study:

– To provide a detailed analysis of the market structure along with a forecast of the various segments and sub-segments of the global Oil & Gas SCADA Market.

– Providing information about factors influencing the growth of the market. To analyze the Oil & Gas SCADA market based on various factors- price analysis, supply chain analysis, gate five force analyses, etc.

– Providing historical and forecast revenue of market segments and sub-segments for four main regions and their countries – North America, Europe, Asia, Latin America and the rest of the world.

– Provide a country level market analysis in terms of current market size and future prospects.

– Provide country level market analysis for segment by application, product type and sub-segments.

– Build a strategic profile of key market players by thoroughly analyzing their core competencies and drawing a competitive landscape for the market.

– Track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global Oil & Gas SCADA market.

Table of Contents:

1 Study Coverage

2 Market by Type

3 Market by Application

4 Global Oil & Gas SCADA Competitive Landscape by Company

5 Global Oil & Gas SCADA Market Size by Regions

6 segment at regional and country level

7 company profiles

8 Industry Chain and Distribution Channel Analysis

9 Research Findings and Conclusion

Conclusion : At the end of the Oil and Gas SCADA market report, all the findings and estimates are given. It also includes key drivers and opportunities, as well as regional analysis. The segment analysis also offers both in terms of type and application.

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If you have special requirements, please let us know and we will offer you the report at a customized price.

How geography and sales fit together

This study is helpful for any operator who wants to know the exact size of their audience in a specific geographic location. Oil & Gas SCADA Market enables entrepreneurs to determine local markets for business expansion. This study answers the following questions:

Where are the requirements coming from?
Where do non-potential customers live?
What is the buying behavior of customers in a certain region?
What is the purchasing power of customers in a specific region?

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Kwasi Kwarteng lifts EU rules to boost economy as insurers eye £95bn Brexit bonanza | Politics | news https://plc4ever.com/kwasi-kwarteng-lifts-eu-rules-to-boost-economy-as-insurers-eye-95bn-brexit-bonanza-politics-news/ Sun, 18 Sep 2022 05:47:00 +0000 https://plc4ever.com/kwasi-kwarteng-lifts-eu-rules-to-boost-economy-as-insurers-eye-95bn-brexit-bonanza-politics-news/

Next Friday, the newly appointed Chancellor is expected to make a finance announcement to the House of Commons announcing the lifting of EU rules on bankers’ bonuses, which are currently capped at twice their salaries. Mr Kwarteng will also unveil other plans such as a £30bn tax cut to help with the cost of living crisis and support economic growth which the new government wants to increase by 2.5 per cent a year.

Mr. Kwarteng is expected to announce his plans to revise Solvency II, a European Union law that harmonises insurance regulation across all countries within the EU.

The replacement of Solvency II will require the support of the Bank of England regulator, which has concerns that policyholder protections would be reduced if the UK government scrapped Solvency II.

But insurers claim Solvency II has hampered their ability to pump an estimated £95bn into long-term infrastructure projects such as wind farms and social housing.

Earlier this year, the Financial Services and Markets Act under Boris Johnson’s government was put before Parliament to repeal all “EU-derived legislation”.

This could set in motion the mechanism for a replacement of Solvency II, but it may take years to pass Parliament.

The mini-budget announcement by the newly appointed Chancellor is also meant to show how Ms Truss’ government will deal with the current cost-of-living crisis.

Last week the pound hit a 37-year low against the dollar and the last time the pound fell that much was just after the Brexit vote in October 2016.

At a time when households and businesses are grappling with soaring prices and energy bills, concerns have been raised about how the new government will fund aid packages while cutting taxes.

The Bank of England forecasts that the UK could slip into recession by the end of 2022.

READ MORE: Liz Truss adopts ‘status quo’ to boost UK economy by 2.5%

The Government is also expected to explain how the Prime Minister’s plan to freeze household energy bills at £2,500 a year will work.

Economist Gerard Lyons said the current plans are designed to “prevent the deep recession that seemed inevitable a few months ago”.

Small businesses are also waiting to see how the new budget plan will affect them, and Control Energy Costs’ Liam Conway said his customers are “in limbo” while they await details.

This will come ahead of Mr Kwarteng’s mini-budget plan this Friday, and details of a full budget plan are expected sometime in the autumn when the Bureau of Budget Responsibility will release the cost of the Government’s plans.

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Buyers forced to take out 30-year mortgages as house prices soar https://plc4ever.com/buyers-forced-to-take-out-30-year-mortgages-as-house-prices-soar/ Sat, 17 Sep 2022 13:00:00 +0000 https://plc4ever.com/buyers-forced-to-take-out-30-year-mortgages-as-house-prices-soar/

The numbers show how, with interest rates and mortgage costs rising, people are having to struggle more and more to climb the ladder.

Separate figures show couples are now straining more than ever to get up the apartment ladder.

Data released by the Financial Conduct Authority shows that the share of “high” income loans – defined as more than three times income for common borrowers – was 39.2 percent of all mortgage loans in the second quarter of this year.

This is the highest proportion since at least 2007 and compared to 20 percent before the financial crisis.

Bank policymakers are expected to hike interest rates by at least half a percentage point next week as officials struggle to contain rampant inflation.

Andrew Bailey, the governor, and the other eight members of the Monetary Policy Committee (MPC) were due to meet this week but delayed their decision on interest rates following the death of Queen Elizabeth II.

It began raising interest rates in December, and next week’s move will bring borrowing costs to at least 2.25 percent, the highest since 2008.

Banks and building societies have passed this along to homeowners with adjustable-rate mortgages and those taking out new fixed-rate loans.

The average five-year fixed-rate mortgage taken out by buyers with a 75 percent deposit had an interest rate of 3.6 percent last month.

That’s more than double the 1.4 percent typically charged a year earlier, figures from the bank show.

First-time buyers with a lower deposit pay even more. The typical two-year fix for a buyer with a 10 percent down payment costs 3.9 percent, up from 2.5 percent 12 months ago.

The average property sold in July was £292,118, a record high, according to the Office for National Statistics.

This is an increase of 15.5 percent compared to July 2021 and marks a record jump. That’s partly because much of the stamp duty holiday offered during the pandemic came to an end in June 2021, and prices were briefly pushed back down last summer after the deadline was rushed to be missed.

But prices are still up 12 percent compared to last August and 10 percent compared to June 2021, the final month of the stamp duty break, showing the extent of the boom in the market even after the tax break ended.

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Process and control today | FLOWER POWER: SOLAR POWERED ROBOSHOT ZERO BLOOM-IN-BOX ON ROAD TO NET https://plc4ever.com/process-and-control-today-flower-power-solar-powered-roboshot-zero-bloom-in-box-on-road-to-net/ Fri, 16 Sep 2022 15:40:01 +0000 https://plc4ever.com/process-and-control-today-flower-power-solar-powered-roboshot-zero-bloom-in-box-on-road-to-net/

After investing in an energy-saving ROBOSHOT injection molding machine from FANUC, eco-conscious plastic product manufacturer Bloom-in-Box is well on its way to becoming carbon neutral. Thanks to superior servo technology and intelligent energy recovery features, the energy-efficient ROBOSHOT S150iA installed at Bloom-in-Box’s Burscough facility consumes just 3kW per hour, allowing it to run solely on renewable solar energy.

“Our goal at Bloom-in-Box is to become carbon neutral in the next 12 to 18 months. We have been working with all-electric machines for 20 years to reduce power consumption and emissions. Solar panels and our new FANUC ROBOSHOT were the next steps to achieve this. Thanks to these recent investments, our current carbon emissions as a company are estimated at less than 10 tonnes of CO2 per year, with our ultimate goal of achieving net zero,” says Tom Reardon, production coordinator and robotics engineer at Bloom-in-Kaste.

Reborn Plastics

Bloom-in-Box is a third generation family run plastic injection molding company founded on an ethos of responsible consumption and production. A commitment to creating products with more than one life drives the company’s design and manufacturing activities and earned Bloom-in-Box a place in the 2018 final for the best recycled plastic product of the year for its Bloomie flower box. The Bloomie is made from 99% recycled material and is 100% recyclable. Any boxes that don’t form properly are shredded, passed through a mill and made into safety spikes. The company’s other products include clothespins, shovels and measuring units.

Bloom-in-Box has been in the injection molding industry for over 20 years and has always been a proponent of electric injection molding machines as they use up to 80% less energy than their hydraulic counterparts. Last year, when the company reached maximum production capacity due to significant growth, it decided to invest in a new electric machine that would allow it to increase capacity by 25-40%.

“We had reached a plateau. Our older machines were slower, created bottlenecks in production and lacked the precise temperature control needed to work with biodegradable plastics,” recalls David Reardon, director of Bloom-in-Box.

Climate neutral ambitions

At the same time, the company had embarked on a roadmap to become carbon neutral, starting with an assessment of its carbon footprint. It showed that electricity was the largest source of carbon emissions, accounting for 95% of total emissions. To address this situation, in November 2021, Bloom-in-Box installed a 40kWp solar array feeding directly into the factory. During daylight hours this generates an average of 10kW per hour, with the potential to produce even more electrical energy in the summer months.

In addition to production speed, quality, CNC reliability and repeat accuracy, energy efficiency was also a priority when deciding to invest in an injection molding machine. Bloom-in-Box wanted this machine purchase to support its ambitions to reduce carbon emissions and be powered solely by the new solar panels.

This search led Bloom-in-Box to FANUC’s ROBOSHOT range, which the company claims are the most energy-efficient injection molding machines available today.

“In our opinion, FANUC machines are at the forefront of energy efficiency in injection molding,” says Tom Reardon.

It is well known that all-electric injection molding machines use up to 80% less electricity than a hydraulic machine of comparable size. FANUC’s ROBOSHOT goes even further; The company claims it uses 10-15% less energy than the average all-electric machine.

Energy efficient design

The best energy efficiency of the ROBOSHOT category can largely be attributed to a combination of FANUC’s proprietary servo technology and intelligent energy recovery.

“Rather than buying them in from a third party, we build our own servo drives, which means they are as energy efficient as physically possible. This also allows us to specify servo drives that perfectly match each machine’s target performance, ensuring they are delivering exactly the amount of power to the motor that it needs,” explains David Raine, ROBOSHOT sales manager for UK & Ireland.

In addition, ROBOSHOT’s advanced power regeneration feature enables intelligent energy recovery: when an axis slows down, energy is returned to the power source, contributing to the overall savings.

“When the equipment starts to slow down and the engine is no longer needed to power a process, it automatically switches over to a generator and feeds the generated electricity back through the system to another part of the machine where it is needed,” he says Rain.

The 150 tonne ROBOSHOT S150iA operating at Bloom-in-Box runs at 2.9 to 3 kW per hour for a six-second cycle (the longer the cycle, the less energy is used), reducing energy consumption in the Compared to the electric machines of the previous generation, the vehicle fleet of the plastics processor is reduced by 20%.

“This represents a huge saving in terms of both CO2 emissions and energy costs,” says David Reardon.

Not only is Bloom-in-Box well on its way to becoming carbon neutral, it is also well positioned to expand its gardening, shovel and measuring range and to develop new medical and PPE products.

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London’s Lost Mansions | Apollo Magazine https://plc4ever.com/londons-lost-mansions-apollo-magazine/ Fri, 16 Sep 2022 13:36:11 +0000 https://plc4ever.com/londons-lost-mansions-apollo-magazine/

This review by London’s ‘Golden Mile’: The Great Houses of the Strand, 1550–1650 by Manolo Guerci (Paul Mellon Centre) was published in the March 2022 issue of Apollo. Preview and subscribe here.

The Strand is one of London’s intermediate zones, part of the West End but not in the center of it. Today its main function is to carry traffic from the City of Westminster to the City of London. It’s a road where you rush rather than linger, and the noise, traffic and pollution mean you do so with your head down. But it is also a place of constant change. The proposed pedestrianized area in front of King’s College and Somerset House will transform this section into a quiet piazza. Perhaps future generations of Londoners will see the Strand as a place of rest rather than transit.

About half a millennium ago, Londoners would have experienced the beach very differently. Back then, The Strand – the name refers to the fact that it was then on the banks of the river – was the site of London’s ‘Palace Quarter’, home to many of the country’s most powerful and influential aristocrats. Their names form a list of some of the most important figures in the Tudor, Elizabethan and Jacobean courts: John of Gaunt, forefather of the Tudor dynasty, lived here; so did the “Protector” Lord Somerset, guardian and regent of the young King Edward VI. Elizabeth I’s Prime Ministers, Lord Burghley and his son, the Earl of Salisbury, were later residents, as were the Earl of Arundel, tastemaker at James I’s court, and the notorious Duke of Buckingham, James’ favourite— and possibly even lovers.

In his meticulously researched and elegantly presented book on the subject, Manolo Guerci refers to this area as London’s ‘Golden Mile’. The nickname is apt as it evokes the section of Blackpool’s promenade where the highest concentration of its slot machines is found. One can almost imagine hearing a similar ker-ching as one walks down early modern London’s own promenade.

But while country houses like Burghley still stand as monuments to the wealth and power of the leading English statesmen, the great London mansions which were often their prototypes have been lost and buried under the many changes of the Strand. Mostly only the street names are left. If you turn off the beach towards the river and you are on Arundel Street, Essex Street, Villiers Street or Northumberland Avenue, you are actually walking the grounds and facades of some of these magnificent palaces: Arundel House, Essex House, and York House Northumberland House.

Surviving examples are rare but impressive. There is the York Watergate, now incongruously situated in Victoria Embankment Gardens, a classical arch once thought to be the work of Inigo Jones but actually by the mason and sculptor Nicholas Stone, and serving as the entrance from the river to the Duke of Buckingham’s residence at York House. Although Somerset House today is the work of 18th-century architect William Chambers – his masterpiece – you still get a sense of what used to be there. There are architectural references to Chambers’ Inigo Jones and John Webb’s work for the one-time resident Queen Henrietta Maria, such as the composition of the main façade overlooking the beach, which is inspired by the New Gallery, then believed to have been designed by Chambers Jones, but probably originated from Webb. And there is the vast footprint of the palace itself, a reminder of the fact that Lord Somerset was in fact king when he had it first built (in an Italianate style never before seen in England).

Although these remains are very impressive, they do not convey much of the sheer splendor of these palaces. To do this, you need to travel outside of London to, for example, the Ashmolean Museum in Oxford. Here you will find the Arundel Marbles, a collection of classical statues founded by Thomas Howard, 14th Earl of Arundel in the early 17th century. When Arundel, inspired by his travels abroad, decided to display his collection in the gardens of his residence at Arundel House, he created the first Italianate-style sculpture garden in England, recalling the example of Julius II in Rome. Seeing them in the background of Daniel Myten’s portrait of the Earl, it’s hard to believe that the river they extend down to could be the Thames.

As magnificent as the Arundel Marbles are, it’s hard to imagine how they could ever stand in an environment now largely occupied by the somber 180 The Strand. Hence the importance of Guerci’s book. In chapters dealing with each of the Strand Palaces in turn, he lays out the surviving evidence with admirable clarity. Illustrations, maps, manuscripts and plans – both contemporary and author-reconstructed – are assembled to give the most vivid impression possible of the to convey what has been lost, much of it before the age of photography. Guerci takes us on a tour of these palaces when they were at their peak, and brings us closer to an age when The Strand could be viewed as what he calls ‘an extension of Whitehall’.

The beach palaces were truly unique. In contrast to those of continental Europe, which dominated their urban environment, the palaces of the Golden Mile presented themselves to the river. As such, Guerci notes, they might be considered quintessentially English—a mixture of exteriority and interiority. However, unlike their continental counterparts, they do not survive. Nonetheless, there is plenty of gold buried just above the dam. We must hope that the author’s ambition to inspire more scholarship about these palaces will be fulfilled.

London’s ‘Golden Mile’: The Great Houses of the Strand, 1550–1650 by Manolo Guerci is published by the Paul Mellon Center for Studies in British Art.

From the March 2022 issue of Apollo. Preview and subscribe here.

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