Annual increases

[Colstalex]

I see BT/EE have increased the amount by which plans go up each year. I won't be adding any new plans or upgrading now, £2.50 on a lower cost sim only plan is a nearly 25% increase in the first year.

[Chris_B]

@Sguk  Exactly, Ofcom got it wrong and EE and other networks are only going by the rules that Ofcom set.  So the argument is with Ofcom not the network providers.  

[Chris_B]

@Colstalex  And all in line with Ofcom rules.  As they set the rules on price increase.  All networks are within that set rule.  

[Sguk]

Out of interest @Chris_B  was it Ofcom who increased the £1.50 to £2.50 a year?

[Chris_B]

@Sguk  Yes or it’ll still be at £1.50.  No network can increase the price increase without it being set by Ofcom.  

[Colstalex]

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@Chris_B wrote:

@Sguk  Yes or it’ll still be at £1.50.  No network can increase the price increase without it being set by Ofcom.  

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Not correct. Ofcom mandate that the annual increases have to be given in £ and p, but not how much it should be. BT/EE decided on their own to increase it from £1.50 to £2.50. O2 for example increase their's by £1.80 still. 

You can see the different rises each network has here, although EE's is out of date: https://www.uswitch.com/mobiles/guides/what-to-do-when-mobile-contract-price-rises/

The first bit talks about the old % method now it is in £s.