Ofcom’s inflation ban backfires
Regulator’s new rules could lead to higher broadband bills for consumers
O
fcom’s decision to ban broadband providers from imposing inflation-linked price rises could lead to customers on cheaper tariffs facing the steepest price rises.
The telecoms regulator decided to ban mid-contract price hikes that are linked to inflation following the spike in 2022, which saw the UK’s inflation rate rise to almost 10%. That left millions of customers facing huge price rises without any option to cancel their contract.