11. News Bulletin (s2023)

11.A Text: News bulletin: New rules on short and simple contract details


Telecoms customers must be provided with a summary of the main contract terms before entering a contract, under new rules that come into force today. This is designed to help people avoid being caught out by surprise price rises, at a time when household budgets are under heavy strain. The new rule also requires firms to set out the terms and conditions if a customer decides to end their contract early. Customers with disabilities can also request to receive the documents in an accessible format.

Some providers offer deals that include a price rise linked to inflation that takes effect during the contract. From today, when customers take out a new contract, firms that use this calculation are required to provide a straightforward price example to a customer of how this is likely to affect the price they will pay.

Source: New rules on short and simple contract details. Ofcom. https://www.ofcom.org.uk/news-centre/2022/new-rules-on-short-and-simple-contract-details. Published: 17.6.2022. Accessed: 23.6.2022. Adaptation: YTL.