Ofcom Bans Inflation-Linked Mid-Contract Telecom Price Hikes

New rules require telecom providers to disclose fixed price increases in clear monetary terms at the point of sale.

Telecoms providers are now prohibited from linking mid-contract price hikes to unpredictable inflation rates.
All price increases must be disclosed upfront in pounds and pence, providing transparency for consumers at the time of purchase.
The rule aims to protect households from unexpected cost increases and help them manage their budgets more effectively.
Contracts with unspecified price rises must give customers 30 days' notice and allow them to exit penalty-free.
Critics warn that fixed annual price hikes could result in higher costs for some consumers, described as a 'transparency tax.'