MoneySavingExpert Martin Lewis is warning householders to expect a rise in their broadband bills this spring.
During his ITV Money Show on Tuesday night, the consumer champion said telecoms firms could bring in mid-contract price rises equivalent to an increase of 15%. Many companies increase bills by the rate of Consumer Price Index (CPI) inflation or Retail Price Index (RPI) inflation, plus roughly another 4% on top.
It means families who are already struggling under the cost of living crisis face a hike in their internet bills, if price rises are brought in. Martin said: "If they enact them this year, and the likelihood is they will, this could mean 15%ish hikes this spring.
