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Rumour: Euro 360 cut to be announced next week

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According to this story, a source has said that Microsoft is to announce a European Xbox 360 price cut at "event the company is due to hold during the week of 22 September."

The piece arrives after an apparent leak detailing the new prices came from Woolworths last week.

"Our source confirmed that the prices shown in the leaked Woolworths catalogue image – GBP 129.99 for the Arcade, GBP 169.99 for the 60GB model and GBP 229.99 for the Elite – were official," says the story.

"Our source also added that the leak had left Microsoft fuming, and that all of the above information came directly from Microsoft."

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