Ofcom proposing to ban mid-contract inflation linked price rises - Printable Version

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Ofcom proposing to ban mid-contract inflation linked price rises - Parsons - 12-12-2023

https://www.bbc.co.uk/news/business-67680327.amp 

Sky and many mobile providers hide their price rises within the RPI small print and Ofcom’s proposal is in my opinion is the right approach.

But I must ask the question, what’s the point of a contract that goes up during the term? I see much less of an appeal. Be interesting to see how the worst culprits, like Sky play this with their marketing.

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RE: Ofcom proposing to ban mid-contract inflation linked price rises - Neil Jones - 12-12-2023

Sky TV have always had a clause in their T&Cs saying they can increase prices by up to 10%. Which makes the whole CPI+3.9% seem tame by comparison, not that Sky is cheap in the first place.

Contracts these days in this regard tend to be more of a minimum term to reduce churn rates than anything else; its probably safe to assume if you get a retention deal the company will not be losing money on you...

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