The proportion of new release albums selling for less than £10 has risen by one-third in the past two years, according to new market figures.

The statistics highlight the combined impact of supermarket price-cutting and the continuing wave of retail price promotions within the UK market.

Compiled by research association Taylor Nelson Sofres as part of its Audio Visual Trak survey, the research indicates that the proportion of new releases bought by consumers for less than £10 reached 39% in ...