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Households are being urged to check their expenses as broadband bills are forecast to rise as by as much as 8.8 per cent this year. Millions of families are stuck in broadband and mobile phone contracts which will have above-inflation price hikes applied to them. Research carried out by Hodge Bank found that many Britons are making an effort to avoid these costs by checking their spending and budgeting accordingly. Britons have struggled to avoid inflation-hiked prices during the cost of living crisis but the proposed rate increases to broadband contracts are significantly higher than the curr…