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Tariff increase

maljo
maljo Posts: 26 Forumite
Should companies be allowed to increase tariffs mid-contract?
Received text today from Virgin saying they are increasing tariff by 2.9%.

Comments

  • d123
    d123 Posts: 8,748 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Go have a read of the OFCOM pages about this, it currently is permissible for them to do it, and any increase under RPI is very hard to fight.
    ====
  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Unless it's a fixed price contract, they have every legal right to do so, and always have had. Whether they ethically should do so is of course another argument altogether.
    No free lunch, and no free laptop ;)
  • Which? are campaigning hard at the moment to get OFCOM to make mobile contracts a bit like gas and electric contracts - increase the price during the term and leave penalty free. AFAIA, and disappointingly, only one mobile company (and even then it's an MVNO) has so far signed up to pledge their support although tesco mobile have also stated no mid term increases.
  • ZhugeEX
    ZhugeEX Posts: 1,163 Forumite
    Which? are campaigning hard at the moment to get OFCOM to make mobile contracts a bit like gas and electric contracts - increase the price during the term and leave penalty free. AFAIA, and disappointingly, only one mobile company (and even then it's an MVNO) has so far signed up to pledge their support although tesco mobile have also stated no mid term increases.

    Which mobile company?
  • MillicentBystander
    MillicentBystander Posts: 3,518 Forumite
    edited 2 July 2013 at 6:38PM
    ZhugeEX wrote: »
    Which mobile company?


    The one you (erroneously) labelled a seller of pyramids. :p
  • ZhugeEX
    ZhugeEX Posts: 1,163 Forumite
    The one you (erroneously) labelled a seller of pyramids. :p

    Yeh i hate utility warehouse with a passion due to their business ethics and values.
  • All about opinions I guess but I've been a very happy customer for several years. Now talktalk is the company I hate with a passion (even though i sort of use their BB lol but thankfully not their awful CS) but you are apparently a happy customer so go figure :)
  • ZhugeEX
    ZhugeEX Posts: 1,163 Forumite
    All about opinions I guess but I've been a very happy customer for several years. Now talktalk is the company I hate with a passion (even though i sort of use their BB lol but thankfully not their awful CS) but you are apparently a happy customer so go figure :)

    Opinions FTW! :D

    Yeh i've found talk talk great. Mainly due to the deals and discounts i've got. Plus i find their policies on how they handle customers to be better than other ISP's. Customer service has improved a lot, but i still use the members forum if i have any major issues.

    Although now that we've started talking about BB companies. That's another sector you can add to the list of companies that need to stop increasing line rental mid contract.
  • I can only agree with that sentiment! :D Funnily enough, my supplier increased line rental recently but actually reduced my phone line rental/BB combined bill by almost £3. Very unusual. As you have probably gathered from my posts on this forum I can't stand companies who are so desperate to keep customers no matter how bad the service gets that they insist on long term minimum commitments. Long term contracts are for dummies.
  • ZhugeEX
    ZhugeEX Posts: 1,163 Forumite
    edited 3 July 2013 at 12:55AM
    I can only agree with that sentiment! :DFunnily enough, my supplier increased line rental recently but actually reduced my phone line rental/BB combined bill by almost £3. Very unusual. As you have probably gathered from my posts on this forum I can't stand companies who are so desperate to keep customers no matter how bad the service gets that they insist on long term minimum commitments. Long term contracts are for dummies.

    How does that work? :think:
    Well that's only good right.

    I agree with you there. Long term contracts are never the best idea.

    But, if you know how it works, what you're getting and whether you can afford it then i don't mind a long term contract. I would call myself a fully informed consumer as i like to research everything 100% before committing.

    For example, the only reason i took out an O2 contract 3 years ago was because i made £160 profit from the 24 month contract after it was up. So that's an example of how long term contracts can benefit consumers as well if you know exactly what you're getting.
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