I might be adding 2+2 and making 5 but I've taken on 2 today and done another quote when previously it's been very quiet, I wonder if the good news stories about energy prices possibly being frozen being circulated by the same scaremonging media thats scared everyone poopless might mean we're turning a corner.
AND the occasional but persistent scaremonger on here?
It's not scaremonering if it's lived reality.
But it’s not reality is it you have been predicting huge rises of 189% increase already and that simply is not the case it’s all conjecture and guess work at best and at worst just scaremainering, some people like to be harbingers of doom and try and sensationalise the situation, there are several on hear that spout utter rubbish ,one can only assume they believe their own hype but have no idea how foolish they make themselves look .
I've shown you already how it's true. Are you calling me a liar?
No Ime not calling you a list ime just saying my bills and friends and families have gone up but nothing like you have been saying , there is a big difference between predicted increases and reality
The thing you miss is that much economic activity is based on confidence. So if I think my domestic fuel bills are going to double, I won't make a financial commitment. We've seen a lot less sign up this year compared to last as they have to accept our T&Cs which is a three clean commitment and if bills are doubling in October, why would you?
When the new figure for October was first mooted, we saw a decrease in signups and an increase in cancels after it stabilised following the April hike.
In general, we get very few cancels in the summer and about 5% drop off between October & May. It might seem high, but with the number of new ones through the summer, it's not that extreme. Effectively we're starting two new rounds through the summer so a lot will be "messers".
I'm optimistic that there will be an announcement in the next day or two to steady people's nerves, but we're heading for tough times. Interest rates may yet do as much or more damage - but that's for another day.