On this website, I'm pretty sure that's a yes. All PS3 did was remove hardware from the original price of £425 to make it have less USBs, no card readers, a bigger hard-drive and no PS2 hardware in it to make it £300 but people will definitely count that as a price cut. 

Question though, has the Kinect version of the Bone gone down in price?

My family got a 4K Sony 50" for £999 just after Christmas, but I would have rather waited for the Android TV versions

With the Xbox One every price cut amuses me having walked with my friend between GAME and Argos 6 times to work out which Xbox One to buy, ever since I've been sending him links showing the better deals he could have got

What is strange is that Nintendo games seem to resist the UK trend of price wars. Can't seem to find any discounts anywhere

Got to sell more consoles somehow

whats really hard its trying to keep up with all these official cuts, bundles, free games tossed in and offers from MS just to try and keep XB1 close to the PS4 sales and not trail behind to far. what did they have to do so far? 3 price cuts, one by unbundling the camera, give away how many games for free so far? i remember forza 5, fifa, titanfall, Assassins Creed Unity, Assassins Creed black flag, Halo MCC, Sunset overdrive and ohh gosh... its just hard to keep up with them all. 

Wow, this will boost sales!

They should do this to the rest of Europe not just UK.

Finally a fair price compared to the US RRP.

PS4 is 349 incase people don't know (including most bundles)

You can easily get one for £249 here, even with a game

it cray-cray

UK - $436.55

US - $399 to $436.70

So, the UK price is what it would be in the most expensive US states.

its at 350$ in the USA now. not 399$