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Review BBC Financing Model as Nadine Dorries Confirms to Freeze License Fees for Two Years | UK News

The government plans to “review” the BBC’s funding model, and licensing fees will be frozen for the next two years, the Secretary of Culture said.

Culture Secretary Nadine Dorries, who announced at the Commons, said it was time to ask the question, “Is the compulsory license fee appropriate?” And confirmed that a government review on this issue would begin “soon.”

“It’s time to look further into the future,” Ms. Dolly’s told MP, as we now “live in the world of streaming giants.”

“This license fee will be announced last,” the cultural secretary tweeted on Sunday morning.

Dolly also confirmed that the BBC license fee will be frozen for the next two years and will rise with inflation for the next four years.

This means that the current £ 159 annual fee will be valid until 2024, which is a significant real reduction in corporate funding.

If the cost of the license fee is not frozen and rises in line with inflation (currently 5.1%), the total annual fee from April will be £ 167.

Ms. Dolly said the decision was made in light of the fact that the British are facing rising living costs.

Review BBC Financing Model as Nadine Dorries Confirms to Freeze License Fees for Two Years | UK News

Source link Review BBC Financing Model as Nadine Dorries Confirms to Freeze License Fees for Two Years | UK News

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