Mobile operators agree £100 bill cap for stolen phones
It's still a hundred quid, but it could be worse.
This is a new voluntary scheme which has been backed by the government and Vodafone, EE, O2, Three and Virgin Media have agreed to sign-up with it. To benefit from this, you have to report that your phone has been stolen to the police and mobile network within 24 hours of it happening.
Minister for the digital economy Ed Vaizey is very pleased with himself and this scheme, saying: "Protecting hardworking families from shock bills through no fault of their own has been a priority for this government. By working with the mobile operators, we have secured an agreement that will provide consumers with real benefits as well as offer peace of mind."
Three are already on-board and have implemented this policy. Meanwhile, EE will roll out their plans in the "coming weeks" while Vodafone are going to introduce it "in the summer." Virgin Media have said that this will be a thing from July 1st and O2 will bring it in from September 2015.
So there you have it! Now, put your phone somewhere safe and stop leaving your pockets and bags open and you'll never need to use this.