on 10-04-2024 15:58
There is a good chance that mid contract price increases end up far more expensive under this scheme for the majority of customers.
Guess this gives O2 and the other networks a figure to work with.
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on 11-04-2024 18:55
on 11-04-2024 18:55
The one advantage of this @Enlli is that you are fully aware at the start of the signing-up process what your price rises will be ; and you then sign-up or not as you see fit.
You are no longer a hostage to fortune as you wait the announcement of a particular month's RPI/CPI figure.
on 11-04-2024 19:06
on 11-04-2024 19:06
However £1.50 is a much higher percentage rise on the lower tariffs
£8 that I pay would have a rise of approx 18.8%. That is higher that was charged last year when inflation was raging.
on 12-04-2024 19:40
on 12-04-2024 19:40
I see what you mean @Enlli but any change is going to have winners and losers.
From the network's viewpoint, that penalises those who are on cheap tariffs and tries to squeeze a few more pennies out of them. These are also presumably the customers that the network would not be as concerned to lose ?
It will be interesting to see whether the likes of O2 follow BT/EE or devise an alternative scheme. 👍