Virgin Media - Introducing our new “pounds and pence” pricing structure

From https://news.virginmediao2.co.uk/introducing-our-new-pounds-and-pence-pricing-structure

Virgin Media

New and re-contracting Virgin Media broadband customers will receive a flat price increase each year, effective in April, of £3.50 a month

O2 

O2 customers will see the cost of their airtime plans increase by £1.80 a month effective each April.

Comments

  • subjecttocontract
    subjecttocontract Posts: 2,571 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 11 November 2024 at 6:10PM
    I was a Virgin Media customer. I was very,VERY dissatisfied with what was on offer. It was difficult to leave, difficult to get a refund and difficult to do anything with Virgin. I will never ever be a customer of the company again.
  • km1500
    km1500 Posts: 2,703 Forumite
    1,000 Posts Second Anniversary Name Dropper
    I totally agree with the above 

    I would rather spend my life looking at a blank wall than pay a penny to Virgin media
  • FreeBear
    FreeBear Posts: 17,870 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Photogenic
    Detail_Merchant said: New and re-contracting Virgin Media broadband customers will receive a flat price increase each year, effective in April, of £3.50 a month
    Effectively, a 14% price increase for me... They are gonna have to work very hard on pricing when (if) I renew again.

    Her courage will change the world.

    Treasure the moments that you have. Savour them for as long as you can for they will never come back again.
  • housebuyer143
    housebuyer143 Posts: 4,148 Forumite
    1,000 Posts Third Anniversary Name Dropper
    edited 12 November 2024 at 6:33PM
    I was a Virgin Media customer. I was very,VERY dissatisfied with what was on offer. It was difficult to leave, difficult to get a refund and difficult to do anything with Virgin. I will never ever be a customer of the company again.
    And then when you leave them they give you a missed payment mark on your credit file even though they confirm you paid on time by DD 😡

    I would never go back to Virgin ever. 
  • Kim_13
    Kim_13 Posts: 3,205 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    The endless spin companies put out when they introduce these things really annoys me. They’re coming into line with an upcoming legal requirement, and any company interested in operating fairly would not increase annually, and if doing so, offer the inflation based for as long as possible and then introduce a tiered approach to the pounds and pence system.

    Over 15% rise here, and the O2 contract in the house is £5.99 so that would be 30%. More data than needed but the cheapest offering at the time, replacing a previous rolling deal that had risen to £7.50. It likely isn’t going to be worth downgrading at any time now, even if they introduce something catering for low-ish users.
  • molerat
    molerat Posts: 34,247 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    OFCOM really gave them a free pass when they banned the CPI + method, the increases this coming year are far higher % wise than they were with the old system.  They should have imposed a fixed term fixed price approach instead of listening to their whining noises.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 349.8K Banking & Borrowing
  • 252.6K Reduce Debt & Boost Income
  • 453K Spending & Discounts
  • 242.7K Work, Benefits & Business
  • 619.5K Mortgages, Homes & Bills
  • 176.4K Life & Family
  • 255.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.