$388 million funding cut will force the BBC to cancel shows

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The BBC has warned that it will be forced to slash services and cancel shows after the UK government froze its main source of funding, resulting in a budget shortfall of roughly $388 million.

Tim Davie, director general of the public service broadcaster, told BBC Radio 4 on Tuesday that"everything's on the agenda" after Prime Minister Boris Johnson's government announced it would freeze the license fee for two years as the cost of living soars.

"Inevitably, if you don't have £285 million , you will get less services, and less programs," said Davie."I still think the BBC can offer extraordinary value for the £13 a month and we absolutely think we can do that." Culture Secretary Nadine Dorries announced on Sunday that the license fee would stay at £159 until April 2024, before rising in line with inflation for the next four years.

Britons will come under more financial pressure over the coming months, when tax hikes come into effect and a cap on consumer energy prices is lifted.

 

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