Just remember you can’t cyber attack pen and paper 
Well you wouldn’t have been able to post that comment without it going through a datacenter Debby. But, as one who had quite a few during his career, I can say there are datacentres and datacentres🤔
The UK economy is dying. What is needed is massive amounts of foreign direct investment to drive growth, because growth is the only thing that’ll stall the decline. No sensible country wants megacentres, they bring virtually no employment, after construction, and are blot on the climate and physical landscape. But when you are a failing Government, have SFA else to offer foreign investors and want to jump on the sexy sounding AI bandwagon, of course you let them build megacentres.
It’s all a farce, there will be no drag along, you may as well be offering to store nuclear waste 
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I understand the need to store necessary data, it’s the storing of all our personal data we don’t need.
Many of us know we’re being conned but in the Uk, just like brexshit, the majority either don’t care or don’t think for themselves.
P.S., I can accommodate huge amounts of nuclear waste in my neighbours field, cheap rates if you’re interested 
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Having run banks (and other sectors) datacenters as an outsourcer myself, albeit fifteen years ago, when I read your comment I thought no bank would be stupid enough to let Larry Ellison (let alone AWS) run its core banking systems. So I had a little search and… your dead on, they are stupid enough
Having come from the old 1970s bureau computing days myself, I’ve always seen the sense in SaaS (wish I’d bailed into Salesforce, I knew it would be a success but was too busy to focus at the time 
) but for a major bank to trust its core systems out of house seems a bridge too far for me. Packages run in-house or by an outsourcing firm yes, but off site 
There will be an almighty f-up one day, I have no doubt 
A very good friend of mine is Group Head, Technology & Operations at Royal Bank of Canada. I wonder if they, for example, are following the SaaS path, or is it smaller or online banks or more niche applications that are going that way.
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The utter geniuses, who along with their partners-in-crime HSBC, lost three and a half thousand quid of my money somewhere in mid-Atlantic for a period of almost four weeks.
It was a simple wire transfer, but none of them could tell me where the money was.
Lucky you it back
Ahhh, despite appearances Mr Scully I try to only speak on what I know, rather than what I think I know 
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Or maybe get them in and then ratchet up utilities costs snd vsrious local or industry taxea after they’ve invested. After all, market snd private equity investment has done that to UK utilities consumers.
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I watch the energy grid in the UK, we have a lot of wind power, a fair bit of solar and no coal so only gas but that’s been steadily reducing. So far bills are still rising and the joke “Cap’ just means the companies raise the price. So where has all that tax payer money gone and who are really getting the benefit?
Admirable 
That should have been “you’re”, obviously.
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Energy prices in the UK are basically tied to a market value price which is based upon the generation costs of the most popular type of production - gas. So although other sources of energy may be cheaper to produce the price doesn’t go down. It’s all tied to gas prices. The same system is used in the EU, but France forced EDF to untie the price of electricity from the EU wide system based on gas as the majority of French energy is not carbon based. That’s why energy prices didn’t peak here during the first year or two of the war in Ukraine.
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Yes this always baffles me, no doubt there is a “good reason” why it should be so, but what it is escapes me.
I am more annoyed by the ongoing increases in standing charges in the UK - these penalise the least well off who can’t economise to reduce them, and effectively subsidises those who use the most energy. That really seems backwards to me. Why not have low standing charges and whack up the rate per kilowatt if you want to encourage energy efficiency?
I think the standing charge is supposed to reflect the cost of maintaining the network and is supposed to be the amount paid to the UK equivalent of ENEDIS by the supplier. It will increase as the supplier cost increases.
Sounds fine in theory.
But why should high users not shoulder more of the burden of “maintaining the network” if they are consuming more power?
With the current system (no pun intended) someone on a poverty level income is paying the same amount for the privilege of having electricity and gas as a person who lives in a multi-million pound mansion. In proportion to their income they are paying a far higher overall price for energy than the rich man. Which is wrong in my book.
It’s the maintenance of the network from end to end that is the cost and that’s almost completely indépendant of how much you consume. Also billing from the maintainer would be a nightmare if everyone had to contribute in that way. A fixed amount per customer is simpler.
This is the fastest one on my predictions (apart from “I think we’re going to hit that car”) has ever come true
The CIO of Lloyds (and any other bank that has put its confidence in a book selling company’s shitty cloud) should be fired and never employed in the IT industry again
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If I understand correctly, the entire supply is charged at the cost of the most expensive provider.
They go to market with a need for so much capacity and they take the cheapest first, going upwards in price until the demand is met so they might have 50% renewables, 49% nuclear and 1% gas. Then everything is charged at the highest rate, i.e. gas. Obviously that’s an extreme example but it’s how I understand it works.
But where does the money go from the lower cost energy. When I was buying using the government supply at quite a discount from domestic prices
Yes I (sort of) understand the mechanics of it, but I still don’t think it’s a fair way of going about setting electricity or gas prices.
It’s another piece of privatised utility nonsense, along with the water and rail industries.
Bring back the Central Electricity Generating Board, I say.
Along with their jolly splendid public information fillums, such as this one made by Mr. Grayson and Mr. Cholmondeley-Warner, starring “Q” from the Bond films in disguise, on the fascinating topic of pylons. 
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My wife’s water bill, 2m3 used and obviously waste treatment £6. Actual bill for standing charges £104.
£79 million to share holders