Martin Lewis, host of ITV’s popular show The Money Show, warned customers of a “massive” price increase for broadband and mobile services this April.
“My heart broke when the last 10.5% CPI inflation was announced last Wednesday,” Martin Lewis said in a Money Saving Expert email, adding that broadband and mobile firms base their price increases on it.
The finance correspondent pointed out that “most” of many businesses don’t stop there, collecting another 3% to 4% stake at the top.
The savings expert went on to describe the biggest increases announced in the past seven days, when IT and EE were at their peak.
Broadband and mobile price increases announced by BT, EE and Sky
Here are the internet and mobile companies that announced the highest price increases, according to Money Saving Expert:
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BT broadband and mobile: 14.4%
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Energy Efficiency broadband and mobile: 14.4%
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Plusnet broadband and mobile: 14.4%
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Shell broadband and mobile: up to 13.5%
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Sky Mobile: 9% for contract-free use.
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TalkTalk broadband: 14.2% unless fixed price plus tariff.
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Three broadband and mobile: 4.5%/14.4% depending on when you sign up.
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Vodafone: Hidden Number.
It was stated that 16 million people’s contracts in England have expired and they can leave without penalty for this.
However, it was noted that moving could be more of a problem for those whose contract is still ongoing, but that they should act once their contract expires.
Best new client broadband, line rental and mobile deals, according to Money Saving Expert
Here are the best new client deals available, according to Money Saving Expert:
Cheapest Broadband and line rental deals for new customers
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Shell Energy‘s deal expires at 11:59 PM on Sunday, offering 11 Mb/month for ‘£14.08 per month’ and 38 Mb for ‘£16.92 per month’ on an 18-month contract and prices will not increase this April (again maybe next April).
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virgin media They offer 132Mb for ‘£18.40 per month’ on an 18 month contract, no price increase so you can leave without penalty if the deal changes.
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Sky it also provides 59Mb for ‘£18.89 per month’ on an 18-month contract with no price increase.
Mobile deals for new customers
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Lebanon It offers 5GB/month for ‘£3.38 per month’. Customers pay 85p per month for six months and then £5.90 per month and users can cancel at any time.
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iD Mobile It gives new customers 15GB for ‘£3.84 per month’ and customers pay £8 per month but can also claim a £50 Amazon, Currys or Uber Eats coupon which equates to £3.38 per month on a 12 month contract.
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Talkmobile: New customers can get 100GB/month for £9.87 per month by paying £11.95 and qualifying for a £25 Amazon coupon.
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three It provides unlimited data for ‘£15.54 per month’. This deal allows customers to pay £17 a month, then £19.45 a month from April. However, new users will automatically receive £42 cashback.
Full details of these opportunities can be found in the online Money Saving Expert newsletter.