Microsoft has confirmed to Pocket-lint that the new Xbox One will support trading and reselling of games, contrary to rumours.

Speaking to us at the UK event, Microsoft marketing manger Harvey Eagle said: "Xbox One will support the trading and reselling of games." He was unwilling to go into further detail, but we should hear more down the road.

Reports before the event said Xbox would launch single-code activations for games to lock them to the One console, but the UK manager refuted that. The Xbox One will work off Blu-ray games, that will be installed and linked to your Xbox Live account upon first launch.

More details as we get them.