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Wow, we could never get away with wiring like that here, especially the service entrance.
Except for the cables to the contactor dragging along the floor, the wiring you see in photo #1 is fairly typical of indoor service boards here.

The cables between the service fuses & meter, and between the meter and panels are double-insulated; there's another layer of red or black insulation under the gray sheath.

Here's another typical older indoor arrangement, this time a single-phase 2-wire (240V) domestic service:

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The underground supply from the street enters at the bottom right to the service block/fuse. The unit to the right of the meter is the Economy-7 timeclock, and the black box below the meter is just a junction box. The distribution panel visible to the left is new here, but the rest of the equipment is "traditional" style.

Here's a more modern residential service with the meter accessible from outside in a plastic cabinet, and no added complications of dual-rate tariffs:

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The cables disappearing out the back of box run through trunking to the main panel which is located higher up the wall in the inside of the house.

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That gray "T&E" cable looks like the cable that we use for wiring low-voltage on boats, trailers or RVs.
It's our equivalent of Romex, commonly used for residential and light commercial wiring, except that there's no paper under the outer sheath. A couple of people have likened it to American UF cable. See this thread for visual comparisons:

U.S. Romex vs. U.K. \"Twin & earth\"