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Old 19-07-2024, 13:00   #5
Inactive Digital
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Re: Ofcom to ban inflation-linked mid-contract price rises on phones, pay-TV and broa

Now that inflation is roughly back to more normal levels, this looks like it will cost some consumers even more.

Example:
BT has said its sim only plans will rise by £1.50 each year. The cheapest sim only EE deal is £9, So thats a 17% increase. This year, under BT's CPI+3.9% it would have risen by 71p.

While I agree that inflation+ rises are too vague, Ofcom's ban risks disproportionately affecting low spenders who may be some of the least able to afford price rises. They should be banning mid-contract rises altogether.
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