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No Standing Charge Electricity Tariffs: OFGEM says they’re coming, but will they save us money ?

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A Warning to low Electricity and Gas users:   If you are anything other than a high user of both fuels, don't be tempted by offers from your supplier to fix your tariffs now.... Suppliers are now piling on the pressure to fix with a plethora of different and highly confusing offers, few if any of which include a reduction in the standing charge . These offers have been coming in thick and fast since the Iran war made a hike in prices in the July price cap almost ievitable. What's more, OFGEM are effectively 'co-conspiring' with suppliers to try to get you to fix now, by soft-pedalling on a final decision on the precise details of any SC reductions. It has allowed the cartel to get away with promises of Low SC 'pilots' rather than an across the board Low SC tariff offer. Their own website gives little indication of any timescale for a future switch, merely referring to a 'consultation' on tariff revisions. There is also a nasty rumour that OFGEM has caved...
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The Future of Modern Warfare: World War 3 and Beyond

 Editor's note:  Last summer's outbreak of hostilities between Israel and Iran sadly bore out the prediction made in the previous revision of this blog for the eternal Middle East 'powder keg'.  Some might say it was inevitable that this particular conflict would come to a head soon, given Iran's determination to get a nuclear bomb, and the old Ayatollah's openly declared intention to use it to destroy the state of Israel. The speed at which it happened does seem to have taken many by surprise, though. Arguably the Iranian regime has, by its actions over the last 40 years, brought its own inevitable destruction on itself. Unfortunately it's the Iranian people who will probably bear the brunt of the suffering that arises from its death throes, which now promise to be quite protracted......  For a more detailed look at Trump's options, and the likely outcomes, check out the most recent blog. Read on for some more background to the conflict.... -------- As ...
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