TV package costs are going up five times faster than wages
Research has shown that the cost of TV packages is rising five times more quickly than wages are. Freesat have been crunching the numbers, and they say that those paying for things like Virgin and Sky TV packages, are watching the prices go up at a rapid rate.
They say that a basic Sky package was £17 in December 2008, but if you get an equivalent package now, it would cost you £30, which is a rise of 76%. As for Virgin TV, a package would be £11 a month, but is £18 now, which is a 63% rise.
Wages have gone up by 14% in the same period. Seeing as Virgin Media have announced that their prices will be going up in February, this is a bit of a dick in the hole.
Freesat's research show that 42% of consumers feel that they're being taken advantage of by these price rises, while 45% said that they're not sure why these price rises happen, as companies aren't clear enough when explaining them.
Freesat spokesperson Jennifer Elworthy said: "The price of TV packages has increased drastically in the last decade and is becoming unaffordable for many families. People should no longer feel that they need to part with hundreds of pounds each year to watch great entertainment."
"We know that 99% of the most popular programmes watched on Sky last year were available on free to view channels – that stat along speaks volumes."
The most popular TV shows last year were The Great British Bake Off, Eastenders, The Voice, Strictly Come Dancing and Britain's Got Talent, if you're wondering.