In Money today: the best mortgage rates and where they're expected to go this year following the base rate cut; Netflix has quietly hiked the price of subscriptions in the UK; and Germany reported just 1,

Streaming service automatically hikes price of subscription - Even price of subscription that requires viewers to watch ads has been raised

Both new and old subscription plans will be increased, with the last rise in the UK being in October 2023. Customers will be set to pay up to an extra £12 a year due to the changes. The site's most popular plan, a Standard subscription, has risen from £10.99 to £12.99 a month. For money-saving tips, sign up to our Money newsletter here

Netflix users have been left furious over the streaming service’s latest announcement. Subscribers are questioning their dedication to the streaming giant after it was announced that prices would be hiked again in the UK to “deliver more value” ahead of the return of its three biggest shows.

One user examined the problem with the service's model: "In a way, Netflix is a victim of its own success. Back in the early days Netflix didn't have to spend that much on content

Watching Netflix is getting more expensive. The streamer quietly updated its UK website early this morning to confirm its revised subscription prices. Netflix will increase the cost of all of its plans,