Ofcom Bans Inflation-Linked Mid-Contract Price Hikes for Telecoms
New rules will require providers to present price rises in clear terms from January 2025, offering customers greater financial certainty.
- From January 2025, telecom providers must detail any price rises in pounds and pence at the start of contracts.
- The ban addresses customer complaints about unpredictable, inflation-linked price increases.
- Major providers like BT and Vodafone have already adjusted their practices ahead of the new rules.
- Ofcom's decision follows a surge in customer complaints during the cost-of-living crisis.
- The move aims to help consumers better manage their finances and compare deals more easily.