Friday, 30 September, 2022
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Amazon Prime subscription price raised by £1 a month

Amazon Prime subscription price raised by £1 a month

Amazon is to raise the price of its Prime service for UK customers due to higher operating costs.

From September, monthly subscriptions will go up £1 to £8.99 and annual membership will rise from £79 to £95.

Amazon said the price rise, its first in the UK since 2014, was partly due to inflation, which is at a 40-year high.

Other services such as Netflix have also increased subscription prices, despite signs people are beginning to cut back on streaming services.

However, Amazon Prime offers more than just its streaming service. Prime also offer unlimited deliveries of products.

Amazon said the new pricing would begin from September, or at the customer's next membership renewal date, adding that switching to an annual plan or cancellation of membership was also an option.

The move comes at a time when many households are looking to cut back on spending, with prices of goods rising at the fastest pace for 40 years.