Sony is raising the price of the PlayStation 5 by £90 in the UK and by $100 in the US, in a dramatic hike it says is due to "continued pressures in the global economic landscape".

The gaming giant said the changes, taking effect from 2 April, would see the recommended price for retailers of its PS5, PS5 Pro and PlayStation Portal handheld device rise around the world.

It comes less than a year after the company hiked the price of the disc-free PS5 Digital Edition by £40, citing "challenging" market conditions.

Sony said the increases were "a necessary step to ensure we can continue delivering innovative, high-quality gaming experiences to players worldwide".

The changes will see the recommended retail price of the PS5 to £569.99 in the UK - a 19% increase.