Bit of background that most people are probably aware of - Last year, Ofcom decided to ban inflation linked annual price increases and decided that they need to show precise amounts in £ and pennies. Bearing in mind that mobile companies were tagging on 3.9% on top of the inflation figure (might vary dependant on your operator but I am using EE, who is mine)
The companies used December CPI figures as their benchmark to set the increases.
I just had a text message from my operator saying my bill is increasing by £xx.xx amount from 1st March so I thought I would have a quick look, because I'm a cynical *******
If they used the old system (CPI+3.9%) then my bill rises by 7.3% (3.4% Dec CPI + 3.9%)
My bill is actually increasing by 8.7%
It's pennies to me but all adds up for the operators over lots of customers.... Who'd a thunk that companies will take the **** out of their customer's off the back of Ofcom trying to make it fairer
I'd be interested to hear other people's experiences as they receive their increases and how it compares to what it would have been under the old inflation linked system.
The companies used December CPI figures as their benchmark to set the increases.
I just had a text message from my operator saying my bill is increasing by £xx.xx amount from 1st March so I thought I would have a quick look, because I'm a cynical *******
If they used the old system (CPI+3.9%) then my bill rises by 7.3% (3.4% Dec CPI + 3.9%)
My bill is actually increasing by 8.7%
It's pennies to me but all adds up for the operators over lots of customers.... Who'd a thunk that companies will take the **** out of their customer's off the back of Ofcom trying to make it fairer
I'd be interested to hear other people's experiences as they receive their increases and how it compares to what it would have been under the old inflation linked system.