The BBC will get a staggering £40 BILLION of taxpayers' cash under new charter
THE BBC will receive a guaranteed £40billion of taxpayers' cash under a new charter agreement, despite a third of viewers thinking the licence fee should be slashed.
The figure is revealed in the Government’s White Paper, which outlines the new funding agreement for the corporation over the next 11 years.
The £40billion will be raised from the licence fee, which is due to rise by 10 per cent in 2021 from £145 to £160.
The licence fee ensures the public get better programmes, for less
The fee will generate nearly £4billion a year for the BBC, or £40billion by 2027.
The corporation estimates it will also get £1.8billion from BBC Worldwide over the next five years.
A fee to watch on-demand shows on BBC iPlayer for viewers who do not have a licence is also expected to generate £1billion.
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A Government survey found 31 per cent of viewers wanted the licence fee reduced.
Jonathan Isaby at the TaxPayers’ Alliance called the fee “arcane”.
He added: “Surely the time has come to explore a new, fairer funding.”
A BBC spokesman said: “The licence fee ensures the public get better programmes, for less.”