You are here: Home - Uncategorized -

TV licences going up

Written by:

The BBC has been told that culture secretary Tessa Jowell and Chancellor Gordon Brown have agreed a below-inflation rise for the TV licence fee.

The proposal has not yet been approved by the Prime Minister, but it is believed the figures represent the minimum UK investment that the BBC can realistically plan its coming schedules on.

Under the proposals, the licence fee rises by 3% next year and the year after, and 2% over the following three years. If approved, it would mean the cost of a TV licence would rise to £135.45 next year from its current level of £131.50.

There is no proposal for a fee beyond the fifth year yet, as there is still uncertainty about the cost of changing the service from analogue to digital. Discussions are still ongoing about this, and the BBC is expected to make an announcement in the New Year on its proposals for this stage of its UK investment.

Hugo Swire, Conservative shadow culture spokesman, said: “This is a huge defeat for Tessa Jowell, as she promised the BBC it would get a generous settlement.

“The big questions now are what comes off the menu agreed between the Government and the BBC during the charter renewal process, if the BBC can deliver on what it has promised the Government in terms of its UK investment, and was the original funding figure submitted by the BBC vastly inflated?”


Related Posts


Tag Box

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Five ways to get on the property ladder without the Bank of Mum and Dad

A report suggests the Bank of Mum and Dad is running low on funds. Fortunately, there are other options for st...

The essential Your Money guide to the April 2018 tax changes

As we head into the 2018/19 tax year, a number of key changes take place to existing policies while some new i...

A guide to switching energy provider

All you need to know about switching from one energy supplier to another.

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.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Money Tips of the Week

  • Given the Brexit uncertainty, you may be looking to protect your pounds ahead of your next holiday. Here are five w…
  • If you are concerned you may miss the 31 January HMRC deadline to file your tax return, here are five excuses that…
  • Millions of Lloyds, Halifax and Bank of Scotland customers unable to make and receive payments in latest bank IT me…
  • RT @YourMoneyUK: Millions of Lloyds, Halifax and Bank of Scotland customers unable to make and receive payments in latest bank IT meltdown…
  • RT @YourMoneyUK: Millions of Lloyds, Halifax and Bank of Scotland customers unable to make and receive payments in latest bank IT meltdown…
  • Make sure you're not paying more than you need to for your #energy. Check when your fixed deal ends and pop a note…

Read previous post:
Shops report better Christmas trading

Stores were delighted that retail sales rose at their sharpest rate in two months in December, as consumers made shopping...