If you heat up the thermal mass of your building for say, 8 hours a day, in the other 24 hours of the day, the heat will leak out of the thermal mass. The next day, you turn your heating back on for another 8 hours, and it does the same thing. You use x amount of energy.
Instead, you heat up your building to 19C and keep it at that temperature for 24 hours a day. The amount of energy used in this process once the thermal mass of the building has risen to the desired temperature is less than if you were to only heat for 8 hours a day.
I think that basically it's a lot less energy to top up the temperature of the building than restore it each day.
The UK is far far far behind when it comes to heating and energy efficiency. If you went to Scandinavia, which is arguably the most efficient region of the the world when it comes to heating, they use exactly this model along with weather compensation to ensure that the energy used is minimal.
Just see if I can find a link....
http://www.yourhome.gov.au/passive-design/thermal-mass
Seriously, it's the best thing to do, even though it doesn't instantly make sense.
Regarding the hot water tank thing, hot water tanks are very inefficient, firstly. Secondly, although you wouldn't do this in your own home, if you ran a district heating network where you use hot water in an energy grid like we use electricity, you can basically get instantaneous hot water to any location by allowing people to tap off a massive source of water, which in part maintains its temperature through its thermal mass. As you do not design for peak loads, you have an amount of water in the system that could be tapped by say 50% of people all at once.
Why do you think it's not better to keep your water tank hot all day?
EDIT: there's a lot of controversy online about this, but I think this article is helpful:
http://www.thegreenage.co.uk/is-it-...eating-on-all-the-time-or-turn-it-on-and-off/
I'm going to try putting my heating on all the time for a week, and then have it scheduled for the other week, and see how my meter readings work out. Hopefully the temperature change won't be too dramatic.