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**Hugh** · 02-10-2022, 17:18

Difference being I don’t have the ability/stupidity to make the Nation’s Pension Schemes illiquid, requiring the BoE to intervene at a cost of £5 billion per day

So, we’re agreed that the Chancellor knew he could cause the Pension Schemes to go illiquid, and raise the cost of borrowing for the money to pay for the extra he was giving bankers and those earning over £155k?

Doesn’t sound very clever…

Addendum: I don’t trust Energy/Telecoms companies billing systems, having spent a reasonable proportion of my working life implementing/fixing them - in fact, my one of my last jobs before retiring was as the Head of Programmes on Billing Remediation in one of the Big Six Energy companies (my teams had to fix whatever cock-ups the new releases caused, and there were new releases monthly).

So, to set your mind at rest, I take readings from our Smart Meters on the 25th of each month (billing day), the next day I download the PDF bills and store those, and every quarter I review what I have stored against what the Utility Companies say (because, from previous experience, I have seen historical bills amended on systems), and if there are issues, I will highlight those with the Supplier (I haven’t found any with ShellEnergy).

02-10-2022, 17:18	#1424
Hugh laeva recumbens anguis Cable Forum Team Join Date: Jun 2006 Age: 68 Services: Premiere Collection Posts: 43,620	Re: The energy crisis Difference being I don’t have the ability/stupidity to make the Nation’s Pension Schemes illiquid, requiring the BoE to intervene at a cost of £5 billion per day So, we’re agreed that the Chancellor knew he could cause the Pension Schemes to go illiquid, and raise the cost of borrowing for the money to pay for the extra he was giving bankers and those earning over £155k? Doesn’t sound very clever… Addendum: I don’t trust Energy/Telecoms companies billing systems, having spent a reasonable proportion of my working life implementing/fixing them - in fact, my one of my last jobs before retiring was as the Head of Programmes on Billing Remediation in one of the Big Six Energy companies (my teams had to fix whatever cock-ups the new releases caused, and there were new releases monthly). So, to set your mind at rest, I take readings from our Smart Meters on the 25th of each month (billing day), the next day I download the PDF bills and store those, and every quarter I review what I have stored against what the Utility Companies say (because, from previous experience, I have seen historical bills amended on systems), and if there are issues, I will highlight those with the Supplier (I haven’t found any with ShellEnergy). __________________ Thank you for calling the Abyss. If you have called to scream, please press 1 to be transferred to the Void, or press 2 to begin your stare. If my post is in bold and this colour, it's a Moderator Request. Last edited by Hugh; 02-10-2022 at 19:09.