BBC: Finance
The question
To ask the Secretary of State for Culture, Media and Sport, whether her Department plans to review the future funding model of the BBC.
Answered by Ian Murray
To ensure the BBC is on a stable financial footing, the Government has committed to the current licence fee model for the remainder of the current Charter period.
The licence fee will increase annually in line with CPI inflation until the end of this Charter period, as required by the Licence Fee Settlement agreed by the last Government in 2022.
Looking ahead, the Secretary of State is a strong supporter of the BBC and has been clear that it must be funded by a model that is sustainable. The Government is keeping an open mind about the future of the licence fee, and the forthcoming Charter Review will provide an opportunity to consider the best possible funding model to set the BBC up for success long into the future.
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