Image credit: Filip Last year’s price hikes for streaming services has seen UK streaming subscription revenues grow healthily but how much can consumers afford? Last year saw music streaming services raise subscription costs. Across the board, services responded to inflation and the necessity of earning a profit with increased monthly charges for users in 2023. The result of these price hikes has been a 10% rise in UK subscription revenue. During 2023, UK subscription revenues rose to £1.87 billion ($2.37 billion) – according to data released by ERA to Digital Music News. Spotify, Apple Music, and Amazon Music all raised…