BBC TV license fee ‘could be SCRAPPED by end of 2027’ in huge relief for millions of Brits facing price hike next year
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THE BBC TV license fee "could be scrapped by the end of 2027" in huge relief for millions of Brits facing its price hike next year. In plans being considered by the Culture Secretary Lisa Nandy the network will be funded by general taxation instead. This could mean the annual fee of £174.50, which is due to increase by £5 this April, is scrapped in December 2027.
If Nandy goes ahead with these plans the BBC could become a mutual organisation - a business which is owned and run by its members. Programmes would be funded by taxes collected by the Government. Nandy confirmed in a statement in November that a review of the corporation's governing charter is expected to start this year.
She added that the government would uphold the licence feel until the end of the Charter period, to ensure the BBC was on a "stable financial footing". As agreed in 2022, the license cost will continue to rise in line with inflation each year until 2027.
She said the review was intended to ensure the broadcaster adapts to the "next generational shift" and is built up for success "long into the future". The Culture Secretary assured the public however, that the simple payment plan - a scheme to help those with financial struggles to pay for their licence - would be extended.