Regulation expert shares 'good news' concerning your mobile, TV and broadband packages

manchestereveningnews.co.uk:

It's pretty rare that we get any good news concerning our bills, but for once there is cause for optimism according to an expert in regulations.

According to The Regulator Guy, from tomorrow (January 17) there are new rules for mobile, broadband and pay TV package providers. "From this date, for any new contract that is signed, your provider will have to tell you in pounds and pence figures your prices rises are going to be each year - and when they are," he explained on TikTok.

Previously, rules dictated that there would be a price rise every April linked to inflation. "It was usually inflation from December plus 3.9% - so when we had around 12% inflation, we'd get around 15% increases on our bills, which left everyone outraged," The Regulator Guy added. READ MORE: Gran goes viral after issuing hilarious damning review after first trip to Tesco READ MORE: 'Tesco grassed me up through wife's Clubcard app – I would've got away it it' Now, however, Ofcom has intervened, ruling that firms must share the exact amount your bills will go up in the middle of the contract - rather than linking it to inflation - a figure that is unpredictable.

So what is the benefit to you? "Your contract price is clearer," The Regulator Guy continued. "You can easily calculate the total value of that contract because you'll know how much it is going up by and when it's going up - rather than waiting for inflationary figures to be released." Whilst this will also make it easier to compare costs between providers, there is a downside, however.