Good news for customers! Many mobile and broadband companies won’t hike prices this April, offering some relief amid rising costs.
London: So, here’s the scoop! Starting this April, a bunch of mobile and broadband companies are keeping their prices steady. That’s right, no hikes! With everything else getting more expensive, this is a nice change of pace.
Ofcom, the regulator, has stepped in to make sure companies can’t just raise prices based on inflation anymore. Instead, they have to tell you exactly how much more you’ll pay in clear terms. If your contract allows for price changes, they need to give you a heads-up 30 days in advance, and you can switch to a better deal without penalties.
Some companies are even looking out for vulnerable customers and those on social tariffs, which are designed for folks on lower incomes. But the best part? Companies like Giffgaff and VOXI have confirmed they won’t raise prices for anyone this year. How cool is that?
Others like Asda Mobile, Hyperoptic, and Lebara are also joining the no-price-hike club. If you’re with any of these providers, you can breathe a little easier knowing your bills won’t be going up.
With inflation hitting record highs last year, many people were shocked by price increases of up to 17.3%. Ofcom’s new rules aim to give consumers more clarity and control over their bills. They want to make sure you know exactly what you’re paying and help you find the best deals out there.
So, if you’re out of contract, now’s the time to shop around! Check your usage and see if you can snag a better deal. And if you’re happy with your current provider, don’t hesitate to negotiate. Every little bit helps!