The BBC is staring down the barrel of one other actual phrases funding minimize after the UK authorities signaled its intention to renege on the 2022 license payment deal.
Culture secretary Lucy Frazer advised BBC Radio 4’s Today present that the federal government would announce the brand new degree of the license payment “very soon.”
Under a deal struck with the BBC in 2022, the broadcaster’s funding was frozen for 2 years, however ministers agreed it may rise with inflation from April 2024.
This would assure the BBC a funding improve of round 9%, pushing the annual family payment up £15 to £173.30 ($219.53) — the most important single improve for practically 40 years.
Asked if the federal government will halt the 9% improve, Frazer advised Today: “I think that is a lot of money and that is one of the things that we are considering.”
The tradition secretary mentioned she disagreed with the suggestion that the federal government was ripping up the deal agreed with BBC executives in January 2022.
“I wouldn’t put it like that at all,” she mentioned. “As the government we have taken a number of steps to protect people from the rise of the cost of living over the course of the last few years … we froze the license fee for two years, and it is now due to rise with inflation. And what we’re looking at is the appropriate rate of inflation.”
More follows.