Netflix prices will rise on 20 May for every person who is currently an account holders.
Basic and standard plans have increased by £1 per month to £6.99 and £10.00 respectively, and the premium subscription will increase by £2 to £15.99. With over 14 million UK subscribers it could see a large number decide to cancel their account amid the UK's biggest cost of living crisis in decades.
Netflix is not the only streaming service to raise prices. Rival service Disney+ has increased prices from £5.99 a month to £7.99 a month for UK subscribers.