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  Microsoft UK adopts 'wait and see approach' on Xbox price cut.
Time: 00:12 EST/05:12 GMT | News Source: Eurogamer | Posted By: Chris Castellaw

Although a price cut in Australia has followed yesterday's cuts in North America for the Xbox console, Microsoft UK has no imminent plans to change its pricing here - with the company adopting a "wait and see approach" on future cuts. That's the word from a senior industry source close to Microsoft, who told us that the company was planning to observe the impact of the US cuts before making any decision on its pricing strategy in the UK.

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