Government disappointed by unexpected O2 price rise

The government has asked the media regulator to revisit its rules on phone companies raising their prices in the middle of a contract, after O2 unexpectedly announced it was raising prices by £2.50 a month.Technology Secretary Liz Kendall said O2's higher than expected price increase is "disappointing given the current pressures on consumers"."I believe we need to go further, faster. I am keen that we look at…