Martin Lewis: Why broadband and mobile bills should stay fixed #gmb #money #consumer

Martin Lewis says Ofcom’s reforms on mid-contract broadband and mobile price rises have ‘failed consumers’, with new research suggesting almost three in four deals now leave customers worse off than under the previous system.

The consumer champion is calling for above-inflation mid-contract price hikes to be banned, arguing that if you sign up to a fixed-term contract, the price should stay fixed for the length of the deal.

An Ofcom spokesperson said: ‘Our rules are designed to ensure that customers have complete clarity upfront on the prices they’ll pay throughout their contract, rather than being hit with unpredictable and volatile inflation-linked rises. Banning price rises altogether risks unintended consequences, including the death of the introductory discount.’

Stream Good Morning Britain live, every weekday from 6am on the ITVX 📲 http://daytimelink.itv.com/WatchGMBYT
Subscribe now for more! http://bit.ly/1NbomQa
Like, follow and subscribe to Good Morning Britain!

The Good Morning Britain YouTube channel delivers you the news that you’re waking up to in the morning. From exclusive interviews with some of the biggest names in politics and showbiz to heartwarming human interest stories and unmissable watch again moments.

Join Susanna Reid, Ed Balls, Kate Garraway, Richard Madeley, Charlotte Hawkins and Sean Fletcher every weekday on ITV from 6am until 9 every weekday!

ITVX: http://daytimelink.itv.com/WatchGMBYT
Website: http://bit.ly/1GsZuha
YouTube: http://bit.ly/1Ecy0g1
Facebook: http://on.fb.me/1HEDRMb
Twitter: http://bit.ly/1xdLqU3
http://www.itv.com

#GMB

source