Yes, and you'll probably be hit again next year because most Plusnet contracts are for 18 months rather than 12 or 24 as they used to be. ISPs offering 12 months are looking more attractive even to long-standing PN customers ...

pretty much what I have been trying to say to people as well.

Ofcom claim they about using competition to improve the market, but they take away a tool from the customer, because the companies they regulated asked them to do so. What kind of regulator is that?

As you said ISPs make their choice, do they want long term commitment or the ability to wield frequent large price rises, they shouldnt be able to have both at the same time.

I've already been hit twice, June last year and April this year. At least I can recontract or migrate before the next increase.

This CPI + % wheeze is a dangerous tool which threatens severe impact now that government has forced its citizens to rely upon it for communication. Already inflation is running around 10% and the Bank of England seems no more likely to tackle it than it was a year ago when it should have acted. It's more and more likely the politicians are leaning on the bankers, but in so doing they are postponing an ever bigger crunch.

The financial Press are warning that international investors are concerned by the size of UK debt and may no longer consider Govt bonds as a secure investment = except for higher interest on their investments. Stand by for even higher interest rates = higher inflation = you can guess the rest. This from someone who remembers the mortgage rate hitting 15% some 43 years ago.

All too well. They peaked at 17.5% in Australia in the late 80's / early nineties - it was the infamous "banana republic" time there. I was a schoolboy, doing Year 11 economics so it was a useful real life case lesson. But it was truly bloody awful and I remember my family with business debt at the time, having massive issues servicing that debt.

Quite baffling how they managed to sell this to Ofcom really. If the companies are concerned that the price is too low to maintain over the duration of the contract then they should just make the price higher to begin with.

Maybe they are now considering 36 or 48 month contracts, there's really no incentive for them not to lock people into long contracts now.

Edited by Oliver341 (Tue 31-May-22 18:48:38)

I would like to know what so difficult for business when there business really is just invocing. What else do they do?

We all know they are reasion why this infrastructure exist is because them, nope.
We all know they are reasion why this infrastructure maintained is because them, nope.

I don't know, maybe I missed something as I never worked in that sector of economy, which makes invoices so difficult.

So what is Ofcom so worried about, if they go out of business?

PS how is inflation ever drop with a default of + anything. They you have it thanks to Ofcom they have created an business sector that has been primed for a Windfall Tax.

Hard to read but think I understand.

It would take far too long to explain all this as your basic premise is incorrect and your assumptions are incorrect so I'll just point you to the United States where mostly the options are only those who own their own infrastructure end to end, which they get to keep to themselves.

On the topic of inflation CPI can be negative and the +3.9 reflects ongoing and continuous infrastructure investment to manage 30-40% increased data usage each year, but given you seem to think ISPs don't own any infrastructure and apparently have no function or cost other than to resell the access network this may be lost.

In reply to a post by Malwaremike:

This CPI + % wheeze is a dangerous tool which threatens severe impact now that government has forced its citizens to rely upon it for communication. Already inflation is running around 10% and the Bank of England seems no more likely to tackle it than it was a year ago when it should have acted. It's more and more likely the politicians are leaning on the bankers, but in so doing they are postponing an ever bigger crunch.

The financial Press are warning that international investors are concerned by the size of UK debt and may no longer consider Govt bonds as a secure investment = except for higher interest on their investments. Stand by for even higher interest rates = higher inflation = you can guess the rest. This from someone who remembers the mortgage rate hitting 15% some 43 years ago.

The alternative is data caps or metered, pay for what you use. Pretty dangerous too.

From what I've read the financial press / investors largely think our currency and in turn economy is suspect because of our stubborn refusal as a nation to attribute any of our issues to the 'B' word or to try and adopt pragmatic solutions to facilitate trade in goods and services.

Can't expect the markets to take a nation seriously when its reflexive response to trade issues is distraction, excuses and pointing to epic trade wins worth at most 0.1% of GDP, where we bent over to take it because the government were desperate for press release material, rather than actually doing anything constructive.

We have years of this left as our economy at best transitions and at worst stagflates so may as well get used to it. Sterling as a reserve currency is pretty much over, it's what the people voted for apparently, and with that comes increased volatility.

In reply to a post by XGS_Is_On:

Hard to read

It wasn't just me then.