Netflix shares soar after record price hike

Netflix is introducing its biggest ever price hike for US customers as it tries to recover some of its heavy spending on original programming.  The cost of a subscription to its most expensive "unlimited" streaming package will rise from $11 to $13 a month, a rise of 18pc. Its cheapest service rose from $7 a month to $8. The company said the price rise did not apply in the UK, where membership fees ranges from £5.99 to £9.99 a month.  Shares in