NOMINET MEMBERS AGAINST 50% PRICE INCREASE .
UK Calling for a vote & consultation on .uk pricing
The organisation, which is the official registry for all UK domain names, decided to hike the price of wholesale domains it sells to ensure it is able to “compete in a promotion-driven industry”.
Price changes, which will see the cost for a name rise from £2.50 per year to £3.75, will affect all .uk domain names, including: co.uk, org.uk and me.uk, from 1 March 2016.
Nominet has announced that the cost of buying a .UK domain is going up, for the first time in ages.
Indeed, the price tag has remained the same during the whole of the 21st Century, with the last hike seen back in 1999.
So how much is the increase? Instead of paying £2.50 to secure your corner of the web (with ., . and so forth), next year the price will rise to £3.75, a 50% increase. This change will actually be implemented at the beginning of March 2016.
Nominet, the .UK domain registry, has recently announced that the wholesale price for all .UK domains (e.g. .uk, .co.uk, .org.uk and .me.uk) will change to £3.75 per year starting from 1st March 2016.
So why the sudden price increase for UK domains? Russell Haworth, Nominet CEO commented: “We’re committed to running a first class service for .UK registrants, including our renowned customer service, and we’re doing more than ever before to ensure the .UK space is a safe and trusted home for all. But costs have risen considerably since we last changed the price, and we need to compete in a promotion-driven industry.”