BT price hike

It's not just electricity and gas that will be going up in price in the near future

http://www.moneysavingexpert.com/news/utilities/2012...

It is called inflation. Prices go UP and BT is no different to any other company. They will see massive increases in energy prices and other costs. Business rates have gone up significantly and remember, every pole, cabinet and fibre duct is another business rate liability that BT has.

In reply to a post by MHC:

It is called inflation. Prices go UP and BT is no different to any other company. They will see massive increases in energy prices and other costs. Business rates have gone up significantly and remember, every pole, cabinet and fibre duct is another business rate liability that BT has.

Agreed, but this is the 4th rise in 2 years and equates to 20%, in some cases, over this period.
If the extra profits generated funded a better service and investment then fine. However, a large proportion will go on funding pension deficit, and other areas not related to service.

Edited by flippery (Wed 29-Aug-12 09:54:13)

EEk! Please edit the spelling of the word following "pension". As it is it can read rather yukkily, allowing for Americanisms and a disregard for the ending.

In reply to a post by MHC:

It is called inflation. Prices go UP and BT is no different to any other company. They will see massive increases in energy prices and other costs. Business rates have gone up significantly and remember, every pole, cabinet and fibre duct is another business rate liability that BT has.

Many things are virtually NO cost to BT. One example is connecting a call, which is all automated. This is proven by them selling bulk line and calls to the likes of Zen, who then charge me 1.5p daytime, 1.0p nights and weekends, along with NO call connection fee, no contract tie-in and per second billing. All these 'Fees' and price hikes are just a crafty way to push everyone onto the Option 3 call package. B.T. have overheads, but they should be covered by their extortionate line rental charge.

Edited by professor973 (Wed 29-Aug-12 11:10:40)

Worse luck for those on Market 1 exchanges.

Makes me glad I decided to get rid of my landline. other providers will put their line rental up as well.