BBC: Finance

(asked on 10th March 2022) - View Source

Question to the Department for Digital, Culture, Media & Sport:

To ask Her Majesty's Government what assessment they have made, if any, of the effect of rising inflation on the funding settlement for the BBC.


Answered by
Lord Parkinson of Whitley Bay Portrait
Lord Parkinson of Whitley Bay
Parliamentary Under Secretary of State (Department for Culture, Media and Sport)
This question was answered on 23rd March 2022

The licence fee settlement will provide the BBC with £3.7 billion in annual public funding, allowing it to deliver its mission and public purposes and to continue doing what it does best.

Every organisation around the world is facing the challenge of inflation, and these pressures were considered as part of the Government’s discussions with the BBC.

We believe this is a fair settlement that strikes the right balance between protecting household budgets and allowing the BBC and S4C to deliver their vital public responsibilities, while encouraging them to make further savings and efficiencies.

Reticulating Splines