Home | FCA & regulatory news | British English edition
Trade Hub UK

Independent coverage of UK markets, FCA policy and institutional trading

AD CME Group Education AD Bank of England Statistics AD Investing.com Markets AD LSEG Data
FCA & Rules

Control of Britain’s 39m smart meters passes to non-profit startup

City noticeboard, Trade Hub UK (2026-11-02): 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… Primary source: original at The Guardian (theguardian.com).

Control of Britain’s 39m smart meters passes to non-profit startup

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...