Millions of families are just weeks away from price increases of up to £95 a year as broadband providers get ready to hike the bills from late March onwards.
Many broadband and mobile providers hike their prices each year to combat the inflation rate and rising business costs. In a quirk of broadband and mobile phone contracts, they can even do this if you’ve agreed to a fixed monthly direct debit for your contract period and you are still in that contract.
Because the inflation rate is so high right now, monthly prices for millions of broadband and mobile customers are are a lot higher than normal, increasing by up to 17% — not the most welcome news during a cost of living crisis and at the same time that energy costs are due to rise by around £500 a year for the average household.
