PeteG ........ It's all to do with he upper blade variation (blade tracking knob). Assuming the blade tension is correct ......... Unplug and start again with upper and lower guides and bearings well away from the blade and the blade centred with teeth gullet in the centre of the upper wheel. Turn the wheel by hand several times (3-4 revs) and see if the blade moves forward or back on the upper wheel. If you haven't done so already, mark the position of the blade tracking knob with a mark on the wheel and on the casing (sticky label helps). Depending on which way the blade moves, forward or back, the Blade tracking knob will move the blade backwards if turned clockwise, or visa-veras.
The adjustment is small and a quarter turn will move the blade quite a bit, so be careful, but turn the wheels several times with each adjustment of the tracking knob.
When you feel that the blade is staying in the right place - without moving the guides, close up, plug in and run the machine under power. Then stop and see if the blade has moved again. If it has, then repeat the first section again and run under power again until the blade stays centralised with gullett in the centre of the top wheel. ONLY THEN, when the blade no longer moves forward or back, do you move the guides and rear bearings into position. Mark the position of the blade tracking knob for future reference.
It may take you half an hour to do this correctly and you need to do it whenever you change blades, but you should then be OK.
Let me know how you get on.
Alex