Sky prices go up

Friday 26 August 1994 18:02 EDT

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SATELLITE station BSkyB said that it was raising its prices by pounds 3 a month - a day after reporting record annual profits of pounds 176m. Sky is offering five new channels for the new price of pounds 22.99. Nigel Griffiths, Labour's spokeman on consumer affairs, called for an Office of Fair Trading inquiry saying the increase was unacceptable given the profit levels and the amount it spent buying rights to sports events.

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