The handover marks the end of a 13-year licence for Smart DCC, a subsidiary of Capita, after years of spiralling costs and delays Control over Great Britain’s 39m smart meters has passed to a non-profit startup after its former owner presided over more than a decade of spiralling costs and delays in the troubled network. The company owned by crisis-hit outsourcing firm Capita has promised a “seamless transition” to its not-for-profit successor, which will take over running the data network connecting the smart meters from this week. Continue reading...
Control of Britain’s 39m smart meters passes to non-profit startup
Source: The Guardian

Original reporting
The Guardian: read the full reportRelated stories
CNBC
AMD stock jumps 7% on earnings as data center revenue nearly doubles
AMD reported better-than-expected third-quarter results, driven by booming sales of AI chips

BBC Business2 outlets
UK and EU agree draft deal to scrap Brexit red tape over food exports
The food deal, ahead of a UK-EU summit later this month, is the most significant part of the so-called Brexit reset agreed so far.
CNBC
Fannie Mae, Freddie Mac rally as Ackman presses for conservatorship exit
The midterm elections could be a turning point for the release of Fannie Mae and Freddie Mac from government control, according to Bill Ackman.
CNBC
Options traders are betting heavily on these stocks ahead of election results
Solar stocks see heavy call activity as voting gets underway
CNBC
Eaton's strong quarter should mark a bottom for shares of the AI buildout winner
The stock has struggled in recent months.
CNBC
The next wave of luxury real estate: marina developments with yacht parking
Marinas are becoming the next big draw for luxury real estate, as the global wealthy search for homes to park their ever-larger yachts.