Netflix is raising its prices in the UK for first time in two years

 
Sarra Gray
A Netflix return mailer is pictured in M
Netflix to increase subscription prices (Source: Getty)

Netflix has raised its prices in the UK for the first time in two years.

The price hike will hit subscribers of the video streaming service who pay for the top-end packages.

The standard service, which allows users to watch Netflix on two screens and enables HD, is rising by 50p, from £7.49 to £7.99 a month.

The premium service, which offers four-screen viewing and ultra-HD, will increase by £1, from £8.99 to £9.99.

This rise will reflect an increase in exclusive content being added to the site that will compete with the rise of online video on sites such as Facebook.

Netflix said it will give 30 days' notice to customers of the price change.

More of its 104m worldwide subscribers will also be affected, with price rises hitting other European countries and the US.

There was some good news for streaming fans - the basic subscription, which offers one screen viewing and no HD, will not change. It's still £5.99 a month.

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