-
'Piggy.' 'Terrible.' Trump lashes out at female reporters
-
Trump says Saudi prince 'knew nothing' about journalist's murder
-
Scotland reach 2026 World Cup with stunning late show, Spain, Switzerland qualify
-
No.1 Jeeno seeks repeat win at LPGA Tour Championship
-
Sensational Scotland reach first World Cup since 1998
-
Sensational Scotland strike late to seal World Cup place
-
Scotland strike late to book World Cup place
-
Unbeaten Spain qualify for 2026 World Cup with Turkey draw
-
What are the 'Epstein Files?'
-
Brazil held to friendly draw by Tunisia despite Estevao goal
-
Patagonian blizzard kills 5 foreign tourists in Chile
-
Nicki Minaj stands with Trump on Nigeria religious persecution
-
LeBron rules out 2028 Olympic return, Curry doubtful
-
Trump threatens ABC News in Oval Office meltdown
-
Trump defends Saudi prince over journalist Khashoggi's murder
-
Lula to return to COP30 as nations under pressure to land deal
-
Nvidia, Microsoft invest $15 billion in AI startup Anthropic
-
Belgium beat France to reach last four of Davis Cup following Alcaraz withdrawal
-
Meta wins major antitrust case as US judge rules no monopoly
-
Lula says Germany's Merz should have 'gone dancing', after Belem criticism
-
Two Mexicans killed, seven visitors missing in Chilean Patagonia blizzard: officials
-
Germany hopes new data centre can help bring 'digital sovereignty'
-
French court says Perrier can keep marketing as 'natural mineral water'
-
Argentine judge fired after causing mistrial of Maradona medical team
-
Sahel nations must unite to contain raging violence: UN chief
-
IMF gold sales among measures to tackle debt, says report for G20
-
Global stocks in red over worries about tech and Nvidia
-
Venezuelan opposition leader looks to 'new era' without Maduro
-
'That place': Merz offends Brazil with comments about COP30 city
-
Cloudflare bug takes chunk of web offline
-
Lula to return to COP30 as first draft climate deal lands
-
Stocks edge down over worries about tech and Nvidia
-
Study finds 41% of EV drivers would avoid Tesla over politics
-
MI5 issues Chinese spying 'alert' to UK MPs: minister
-
COP-and-trade? Tariffs, carbon tax weigh on climate talks
-
What are the pitfalls for UK's asylum system overhaul
-
Japan boost World Cup confidence with friendly win over Bolivia
-
Nigeria school kidnapping draws fresh US ire
-
Kamada helps Japan ease past Bolivia in friendly
-
First draft of climate pact lands at COP30 in Brazil
-
Curacao, Suriname on verge of joining World Cup party
-
Eurogroup chief quits for World Bank senior role
-
Stocks, bitcoin retreat with eyes on Nvidia
-
Europe looks to catch up with US in AI race at German digital summit
-
Hooper's Australia 'completely believe' in Schmidt despite horror run
-
Singapore seizes record rhino horn haul
-
France promotes Jewish soldier Dreyfus - 130 years after scandal
-
France's Bielle-Biarrey up against three Springboks for World Rugby award
-
Amazon, Microsoft cloud services could face tougher EU rules
-
Ukraine races to repair power stations before Russia strikes again
| RBGPF | 2.03% | 77.22 | $ | |
| NGG | -0.53% | 77.53 | $ | |
| RYCEF | -0.71% | 14.15 | $ | |
| CMSC | -0.21% | 23.59 | $ | |
| VOD | 0.33% | 12.25 | $ | |
| AZN | 0.17% | 89.55 | $ | |
| GSK | -0.34% | 47.37 | $ | |
| BP | 0.52% | 36.69 | $ | |
| RIO | -1.08% | 69.74 | $ | |
| RELX | -0.27% | 40.27 | $ | |
| BTI | 0.27% | 54.86 | $ | |
| CMSD | 0.04% | 23.87 | $ | |
| SCS | 0.96% | 15.66 | $ | |
| BCE | -0.09% | 23.02 | $ | |
| JRI | -1.28% | 13.27 | $ | |
| BCC | -0.88% | 66.07 | $ |
UK govt freezes BBC funding for two years
The UK government on Monday announced a freeze of the BBC licence fee, arguing a new funding model was needed to ease cost of living pressures and reflect a transformed media landscape.
Culture Secretary Nadine Dorries told parliament the £159 ($217, 190 euros) annual fee, paid by every television set owner in the country, would be fixed for the next two years.
After that it will rise in line with inflation for four years, she said, saying the rising annual cost of the compulsory charge was hurting cash-strapped families.
The long-term future of the corporation should not depend on a system which criminalises non-payers, she added.
But opposition parties linked the move to efforts to keep Prime Minister Boris Johnson in a job, by offering "red meat" to BBC critics, due to anger at lockdown-breaking parties at Downing Street.
Labour media spokeswoman Lucy Powell said monthly payments for the licence fee were small change compared to proposed Tory annual tax increases and soaring energy bills totalling thousands of pounds.
"Is the licence fee really at the heart of the cost of living crisis or is this really about their long-term vendetta against the BBC?" she asked
"It's at the heart of Operation Red Meat to stop the prime minister becoming dead meat," she added, referring to a proposed government fight-back plan of populist measures to boost Johnson's standing.
The BBC has come under increasing criticism from right-wingers since Britain's divisive Brexit referendum in 2016 for alleged political bias, and pushing a "woke", London-centric liberal agenda.
But the public service broadcaster, which this year marks its 100th anniversary and has editorial independence from government, has faced similar accusations from the political left.
Critics accused Johnson loyalist Dorries, who leaked details of the plan on Twitter on Sunday night after a torrid week for the prime minister, of "cultural vandalism", wrecking a world-renowned British institution.
The licence fee funds television, radio and online services, including its popular iPlayer on-demand platform, as well as programming, many of which are exported commercially worldwide.
Dorries said discussions about the future of the funding model from 2028 will start "shortly" but change was needed because of evolving media consumption and technological advances.
"This is 2022, not 1922. We need a BBC that is ready to take the challenges of modern broadcasting, a BBC that will continue to engage the British public and that commands support from across the breadth of the UK, not just the London bubble, a BBC that can thrive alongside Netflix and Amazon Prime and all of its other challenges which attract younger viewers."
BBC chairman Richard Sharp and director-general Tim Davie said they were disappointed at the move, warning it would hit British cultural industries and "necessitate tougher choices which will impact licence fee payers".
B.Finley--AMWN