Household Bills
BBC licence fee set to rise in line with inflation
As part of reforms to the BBC to make sure it remains a “valued public broadcaster for the future”, culture secretary John Whittingdale today announced the BBC licence fee will increase in line with inflation for five years from 2017/18.
The licence fee has been frozen since 2010 and it currently costs £145.50 per year (£49 for a black and white licence). After 2021/22, Whittingdale said there would be a new settlement which means the price could potentially rise further.
However, a more flexible payment plan is set to be introduced to pay the licence fee and the licence fee concession for over-75s will be protected during this parliament.
In March the culture secretary said he would close the iPlayer ‘loophole’ which allows people to catch-up on shows just minutes after the live transmission, as “soon as practicable”.
And today he confirmed that anyone watching a BBC programme on demand will need a TV licence “like everyone else”, though no time-scale has yet been set.
A draft version of the new BBC charter is expected to be published in the coming months and the government expects it to come into force from 1 January 2017.
There are 1 Comment(s)
Everything you wanted to know about ISAs…but were afraid to ask
The new tax year is less than a fortnight away and for ISA savers or investors, it’s hugely important. If yo...
Your right to a refund if travel is affected by train strikes
There have been a wave of train strikes in the past six months, and for anyone travelling today Friday 3 Febru...
Could you save money with a social broadband tariff?
Two-thirds of low-income households are unaware they could be saving on broadband, according to Uswitch.
What will happen if rates change
How your finances will be impacted by a rise in interest rates.
Regular Savings Calculator
Small regular contributions can build up nicely over time.
Online Savings Calculator
Work out how your online savings can build over time.
DIY investors: 10 common mistakes to avoid
For those without the help and experience of an adviser, here are 10 common DIY investor mistakes to avoid.
Mortgage down-valuations: Tips to avoid pulling out of a house sale
Down-valuations are on the rise. So, what does it mean for home buyers, and what can you do?
Five tips for surviving a bear market mauling
The S&P 500 has slipped into bear market territory and for UK investors, the FTSE 250 is also on the edge. Her...
Money Tips of the Week
© AE3 Media Ltd, Floor 7, Lincoln House, 296 - 300 High Holborn, London WC1V 7JH, Company.