Microsoft in shock Xbox Live Gold price hike U-turn

Microsoft has issued a shock U-turn on its Xbox Live Gold price hike following a backlash.

On Friday, 22nd January, Microsoft announced a significant price rise for Xbox Live Gold. One month would go up from £6.99 to £7.99, three months up from £17.99 to £21.99, and six months up from £29.99 to £42.99.

The announcement was heavily criticised, coming as it did amid a pandemic and a global financial crisis.

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