BT broadband customers will start to see an increase to their bills following the hike in inflation. UK inflation has hit a 40 year high of 9 per cent amid the cost of living crisis.
It means prices are rising at their fastest rate yet, with increases in energy bills, fuel, food and other household bills. TV and broadband companies are also having to raise their prices in line with inflation, and to cover costs. UK inflation, the rate at which prices rise, jumped to 9 per cent , up from 7 per cent in March.
Many broadband bill payers may have already seen their bills rise this month but one BT customer is reporting a near 10% increase on their monthly bill.
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The BT customer, who does not wish to be named, has said his Fibre 2 package with BT has gone up from £29.99 to £34.38 - an increase of 9 per cent. But it's not just BT, other companies like Sky and Virgin Media have also had to increase their package deals.
Sky has increased their prices of some of its TV and broadband packages and says that the average price increase will be around £3.60 a month, which works out at £43 a year. The impact of their changes vary depending on what package customers pay for and how many Sky services they use.
BT have said that all customers were informed of their price rises between February and March, and were either notified by post, email or text depending on their communication preferences. The telecoms company has also said that their average customer will see a monthly increase of £3.50 following the CPI rise earlier this year.
BT have said their prices change annually, so it is unlikely that any further price hikes will be added again this year. However, many customers are now already paying a higher price for their broadband package that before.