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The Guardian - UK
The Guardian - UK
Business
Richard Partington Economics correspondent

Mobile and broadband firms accused of fuelling UK ‘greedflation’ with major price hikes

Phone illustration
The firms have all imposed a mid-contract 3.9 percentage point price hike, on top of their annual inflation-linked rise. Composite: Harry Balthazar Hepburn/Getty Images

The UK’s largest mobile and broadband companies have been accused of fuelling “greedflation” after pushing through the biggest round of price hikes for more than 30 years.

It comes ahead of a meeting on Wednesday at which the chancellor, Jeremy Hunt, will order industry regulators to take tougher action to curb inflation.

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