Mobile and broadband bills to soar after surprise interest rate rise | Tech News
Customers could be paying an extra £85.5 million a month for their mobile phones and broadband from April after today’s interest rate rise.
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Customers could be paying an extra £85.5 million a month for their mobile phones and broadband from April after today’s interest rate rise.
Government sources have indicated that social tariffs are "no longer a priority" and that ministers were looking into other ways to help those struggling with energy cost
The consumer group has described the expected price increases as ‘unfair and unpredictable’.
The majority of mobile phone deals have a clause in their contracts which allows providers to increase monthly payments each April by 3.9% plus the Consumer Prices Index (CPI) or Retail Price Index rate (RPI)
Which? has called on companies to stop 'unconscionable' price hikes a year after BT, Virgin Media, Vodafone, O2 and others increased bills.