BBC License Fee To Return To Rising With Inflation
deadline.comThe BBC license fee will return to rising with inflation again until 2027, as new Culture Secretary Lisa Nandy continues with her reset of relations and looks to the future.
The corporation’s funding was supposed to be returning to an inflationary rise last year but was handed a below-inflation rise by the Conservatives, which left it with £100M ($126M) less to spend.
Prior to this, it was frozen for two years, putting vast amounts of pressure on BBC budgets. Nandy has just announced that the fee will return to rising in line with the CPI measure of inflation until the end of the charter period in 2027.
She will also review BBC funding in the long term “to consider funding options to support the national broadcaster’s long-term future, safeguarding the world-class content that millions of people know and love.” This means the cost of an annual colour TV licence from April 2025 will now be £174.50, an increase of £5, or an extra 42p a month.
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