BBC announces cost of annual TV licence fee will rise from £154.70 to £157.50 from April 1
- Cost of the annual television licence fee will increase from £154.50 to £157.50
- Hike will also see an annual black and white licence rise from £52.00 to £53.00
- Comes days after the BBC announced a cull of 450 jobs in its news department
The cost of the annual television licence fee will increase from £154.50 to £157.50, the BBC has announced.
The price hike is set to come into effect on April 1, and will also see the cost of an annual black and white licence rise from £52.00 to £53.00.
The level of the licence fee is set by the Government, which announced in 2016 that it would rise in line with inflation for five years from April 2017.
It comes days after the BBC announced a cull of 450 jobs in the corporation’s news department as part of an £80million savings programme.
The licence fee, which accounts for around 75 per cent of the BBC’s revenue, is under unprecedented pressure.
Last June, the corporation controversially announced it was scrapping free TV licences for most over-75s.
The cost of the annual television licence fee will increase from £154.50 to £157.50, the BBC has announced
Newsnight, BBC2’s flagship current affairs show, is among the programmes bearing the brunt of the cuts, along with popular radio station Radio 5 Live.
As a result, the BBC, which has about 6,000 news staff, will cover fewer stories and plough more money into its online output.
In 2016, the BBC revealed it needed to save £800million a year from its annual licence fee revenue of £3.7billion.
However, even after the cuts, the budget for BBC News programming will still be around £480million per year.
Last week, Match Of The Day host Gary Lineker said that buying a TV licence should not be compulsory.
He said that if you made purchasing the licence optional, ‘you would lose some people, but at the same time you’d up the price a bit’.
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