Rachel Fletcher, OFGEM's Senior Partner for Consumers and Competition, said: "These price cuts are a movement in the right direction for loyal customers, but they are dwarfed by the savings available by switching from a standard tariff to a fixed deal. ??You may be able to switch to a Santander fixed or tracker rate and at the end of the introductory period you would move onto the Santander SVR. Aside from eroding national ??sovereignty (which it does) the current situation also undermines legal certainty which, in turn, undermines good governance.
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