Following a $30 price cut for the PSP in the USA earlier this month, Sony has now officially reduced the price of the handheld across Europe. The price in the UK will be coming down from £149.99 to £129.99, with the rest of Europe having the price slashed from €199.99 to €169.99. This comes after months of Sony ruling out any price cuts, with the changes being effective from May 4th (a week on Friday). There have also been five new platinum titles launched for the console at £14.99 each - Ridge Racer 2, Tekken: Dark Resurrection, Killzone: Liberation, LocoRoco, and MotoGP. With the DS being sold for £99 in most retailers across the UK, this reduced price gap gives Sony a better chance of competing in the portable consoles' market.