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

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In his 2026 budget, the chancellor somewhat unexpectedly announced that Gas standing charges 'would be removed', with the cost element transferred to the unit rate. He also intimated that this would 'eventually' happen to electricity standing charges. The only timing quoted for the Gas measure was 'sometime next year'. Although it does look as though OFGEM and the suppliers will now be required to act, I predict the process will be long and drawn out, with the usual objections from high users, and a concerted campaign to slow things down, or even get the decision reversed, by the energy suppliers' cartel. 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 ...
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Burnham: The Raid on Middle England's Personal Wealth

‘Middle England’ is worried…and so it should be.... In his new role as our PM, Burnham has, in his own words, ‘hit the ground running’ in his project to 'Manchesterise' Britain (or at least the non-devolved English part of it). He is looking hard for new revenue-generating targets to fund his many and varied 'projects' to avoid spooking the markets with a lot of extra borrowing.   His left-leaning socialist ideology naturally points him towards across-the-board redistribution of the UK's wealth, and he represents a return to more traditional Labour aspirations and a departure from the Starmer 'aberration' as the hard-left Momentum group would view it.  Since most of the UK’s private money and assets are held by so-called 'Middle England', Burnham sees this large, disparate, and normally compliant group of electors (particularly those over 50), as a potential soft-touch....and they are therefore firmly in his sights as a potential cash-cow. One of...
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