Berliner Boersenzeitung - UK freezes BBC funding for two years

EUR -
AED 4.343054
AFN 77.464136
ALL 96.578481
AMD 443.001294
ANG 2.116924
AOA 1084.432259
ARS 1696.425045
AUD 1.722632
AWG 2.13043
AZN 2.015092
BAM 1.955364
BBD 2.363473
BDT 143.548016
BGN 1.986001
BHD 0.442401
BIF 3475.425631
BMD 1.182587
BND 1.500966
BOB 8.109193
BRL 6.256361
BSD 1.173439
BTN 107.717999
BWP 16.277373
BYN 3.32206
BYR 23178.695489
BZD 2.360074
CAD 1.622687
CDF 2578.039008
CHF 0.922409
CLF 0.026073
CLP 1029.489324
CNY 8.24689
CNH 8.21806
COP 4228.657801
CRC 580.770597
CUC 1.182587
CUP 31.338542
CVE 110.240437
CZK 24.267271
DJF 208.973438
DKK 7.466899
DOP 73.933527
DZD 153.154875
EGP 55.703589
ERN 17.738798
ETB 182.791072
FJD 2.661179
FKP 0.870315
GBP 0.866681
GEL 3.18162
GGP 0.870315
GHS 12.79115
GIP 0.870315
GMD 86.329235
GNF 10278.709772
GTQ 9.006993
GYD 245.515296
HKD 9.221278
HNL 30.954103
HRK 7.533317
HTG 153.905708
HUF 382.153287
IDR 19840.785951
ILS 3.707232
IMP 0.870315
INR 108.316693
IQD 1537.357457
IRR 49816.456691
ISK 145.777895
JEP 0.870315
JMD 184.718842
JOD 0.838501
JPY 184.146504
KES 151.256298
KGS 103.416722
KHR 4722.947667
KMF 496.686746
KPW 1064.353704
KRW 1710.387141
KWD 0.362349
KYD 0.977982
KZT 590.738376
LAK 25359.349612
LBP 105085.885516
LKR 363.548997
LRD 217.091629
LSL 18.94048
LTL 3.491871
LVL 0.715335
LYD 7.466336
MAD 10.748905
MDL 19.97255
MGA 5308.817127
MKD 61.616271
MMK 2483.187819
MNT 4218.830116
MOP 9.4253
MRU 46.916546
MUR 54.292994
MVR 18.271409
MWK 2034.84661
MXN 20.533372
MYR 4.736855
MZN 75.57955
NAD 18.94048
NGN 1680.526824
NIO 43.180379
NOK 11.555294
NPR 172.348599
NZD 1.987207
OMR 0.454249
PAB 1.173539
PEN 3.936823
PGK 5.018882
PHP 69.733624
PKR 328.342141
PLN 4.208885
PYG 7847.251532
QAR 4.278347
RON 5.101724
RSD 117.373848
RUB 89.207823
RWF 1711.518652
SAR 4.433442
SBD 9.606873
SCR 16.856244
SDG 711.330129
SEK 10.584272
SGD 1.505082
SHP 0.887246
SLE 28.859447
SLL 24798.24684
SOS 669.450838
SRD 45.081425
STD 24477.153012
STN 24.494542
SVC 10.267712
SYP 13078.904017
SZL 18.935781
THB 36.920787
TJS 10.972155
TMT 4.139053
TND 3.416239
TOP 2.847384
TRY 51.246799
TTD 7.971224
TWD 37.116428
TZS 3004.130641
UAH 50.599026
UGX 4148.075755
USD 1.182587
UYU 44.440098
UZS 14242.826515
VES 416.584326
VND 31036.982812
VUV 141.661813
WST 3.258757
XAF 655.810877
XAG 0.011483
XAU 0.000237
XCD 3.196
XCG 2.114929
XDR 0.815618
XOF 655.810877
XPF 119.331742
YER 281.814608
ZAR 19.0597
ZMK 10644.701884
ZMW 23.02187
ZWL 380.792372
  • RBGPF

    -0.8100

    83.23

    -0.97%

  • SCS

    0.0200

    16.14

    +0.12%

  • JRI

    0.0100

    13.68

    +0.07%

  • CMSD

    0.0900

    24.13

    +0.37%

  • GSK

    0.5000

    49.15

    +1.02%

  • NGG

    1.3200

    81.5

    +1.62%

  • CMSC

    0.1000

    23.75

    +0.42%

  • BCC

    -1.1800

    84.33

    -1.4%

  • RIO

    3.1300

    90.43

    +3.46%

  • RELX

    0.0600

    39.9

    +0.15%

  • RYCEF

    0.3000

    17.12

    +1.75%

  • BCE

    0.4900

    25.2

    +1.94%

  • VOD

    0.2300

    14.17

    +1.62%

  • BTI

    0.9400

    59.16

    +1.59%

  • BP

    1.1000

    36.53

    +3.01%

  • AZN

    1.2600

    92.95

    +1.36%

UK freezes BBC funding for two years
UK freezes BBC funding for two years

UK freezes BBC funding for two years

The UK government came under fire on Monday for freezing the BBC licence fee, with critics accusing it of a politically motivated attack to save the prime minister's job.

Text size:

The Conservatives' Culture Secretary Nadine Dorries said the £159 ($217, 190-euro) annual fee would be fixed for two years until 2024, then rise in line with inflation for the next four.

She justified the funding cut, which BBC bosses called "disappointing", as needed to ease cost of living pressures on cash-strapped families and reflect a transformed media landscape.

But opposition parties said the monthly payments for all television set owners -- equivalent to £13.13 a month -- was small change compared to looming tax rises and soaring energy bills totalling thousands of pounds a year.

Labour's media spokeswoman Lucy Powell said the government was seeking to appease critics of Boris Johnson, whose position is in jeopardy due to revelations about lockdown-breaking parties at Downing Street.

- Vendetta? -

"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 in parliament.

"It's at the heart of Operation Red Meat to stop the prime minister becoming dead meat," she added, referring to a reported government fight-back plan of populist measures to boost Johnson's standing.

The BBC, which marks its centenary later this year, has come under increasing claims from right-wingers since the UK's divisive Brexit referendum in 2016 for political bias, and pushing a "woke", London-centric liberal agenda.

But the public service broadcaster, founded by Royal Charter and operating independently of government, has faced similar accusations from the political left.

Critics accused Dorries, a Johnson loyalist who leaked details of the plan on Twitter on Sunday night after a torrid week for the prime minister, of "cultural vandalism" and wrecking a world-renowned British institution.

Dorries has previously accused the BBC of "tokenism" in diversity hiring and elitist "group think" but denied she wanted to dismantle the corporation.

- Grievances -

The licence fee funds BBC television, radio and online services, as well as programming, many of which are exported commercially worldwide.

Supporters maintain it provides excellent value for money, and a range of services from news and current affairs to wildlife documentaries, children's output, drama and music.

But opponents, including rival commercial broadcasters, have long complained that its guaranteed funding model, which criminalises non-payers, is unfair.

Nearly £3.7 billion was raised by the licence fee in 2019, accounting for about three-quarters of the BBC's total income of £4.9 billion.

The remainder came from commercial activities.

Under its Royal Charter, the BBC's mission is "to act in the public interest", providing "impartial, high-quality and distinctive" content, which will "inform, educate and entertain" everyone who pays the flat-rate fee.

Critics accused Dorries of political opportunism, exploiting long-standing government grievances against BBC news reporting -- and failing to suggest an alternative funding model.

Johnson's government initially refused to offer Cabinet ministers for interview on BBC radio's flagship morning programme.

Dorries said discussions about a new future funding model from 2028 will start "shortly" but change was needed because of evolving media consumption and technological advances.

"This is 2022, not 1922," she said, calling for a more representative organisation that is supported countrywide "not just the London bubble", and compete with streaming giants such as Netflix and Amazon Prime.

BBC chairman Richard Sharp and director-general Tim Davie said the two-year freeze means the BBC will now have to "absorb inflation", raising the prospect of cuts to jobs and services.

"That is disappointing –- not just for licence fee payers, but also for the cultural industries who rely on the BBC for the important work they do across the UK.

"The BBC's income for UK services is already 30 percent lower in real terms than it was 10 years ago... it will necessitate tougher choices which will impact licence fee payers.

(H.Schneide--BBZ)