?TalkTalk? is reportedly set to scrap its 10% Speedy Payment Discount by the end of the year.
According to ISPreview.co.uk, the move is set to take effect from December 1st, coinciding with several price increases announced in August.
The Speedy Payment Discount can be applied to most of TalkTalk’s services, although it’s not available on Mobile bills and doesn’t apply to its pre-paid Value Line Rental because that is paid separately.
The move is likely to be seen as controversial among customers, with TalkTalk having already revamped its entry-level SimplyBroadband package prices over the last few years.
Having come in at £2.50 a month back in 2013, the bundle has now risen to a new high of £7.50.
The rise in prices is not restricted to TalkTalk, with industry regulator Ofcom warning that customers across the market were in danger of seeing their bills rise.
Sharon White, Ofcom’s CEO, said: “There are signs in recent months of rising prices for landline and broadband customers, without the apparent justification of higher costs or improved service. BT, Sky, TalkTalk and Virgin Media have all raised line rental prices this year.
"This might be a temporary blip in the market, and there are still good offers out there for people who shop around. But customers who worry about the hassle of leaving their current provider, especially older people, can face higher bills. We are concerned about this, and we are watching these developments in the market closely.”