Microsoft have confirmed that it’s raising the price of an Xbox Live Gold subscription for UK users, according to an article from Gamespot.

A Microsoft spokesperson told Gamespot that prices will rise by £1 a month for monthly subscribers, £3 for quarterly subscriptions, and £10 a year for annual memberships.

That means a 12 month subscription will go from being £39.99 to £49.99, a 3 month subscription will go from £14.99 to £17.99, and a monthly subscription will go from £5.99 to £6.99.

Six month subscriptions will, strangely enough, stay the same at a price of £29.99.

Microsoft also say that it has notified users who have accounts on recurring billing, so there should be no nasty surprises on your bank statements.

The price change means that Xbox Live Gold subscription prices are now about the same as Sony’s PlayStation Plus service. Both services offer a range of features, such as the fact that both are required for online play, including online multiplayer, on their corresponding consoles.

Both services also offer free games each month, but Xbox Games with Gold (included free with Xbox Live Gold) tends to offer more games than PlayStation Plus, especially as the latter now only offers 2 free games a month and no longer offers PlayStation 3 or PlayStation Vita games.

This change only affects people based in the UK. Subscribers from other regions have nothing to worry about.

These price changes will take effect for new users on May 8th. Microsoft say that current Xbox Live Gold subscribers won’t be charged the higher price until August 7th.

Source: Gamespot.

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