Watchdog plans purge of rip-off rates for loyal broadband customers
(The Guardian Money News)

New subscribers get deals on average £13-£15 cheaper each month, according to TalkTalkThe UK media regulator, Ofcom, is to crack down on broadband providers who rip off loyal customers by offering better deals to new subscribers.The regulator is aiming to tackle a so-called `loyalty penalty` whereby long-standing customers are effectively penalised for sticking with their contracts. TalkTalk estimates that on average, across the market, existing customers pay £13 to £15 more each month than new customers, as much as £180 a year. Continue reading...