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British Council’s £197m debt should mostly be written off, MPs say

MPs are calling for the government to write off the £197 million loan to the British Council, which is struggling after job cuts and asset sales. Despite restructuring efforts, the council won’t see surplus funds until 2029, and staff are s...

The Guardian· Oct 30, 2026 · 6:41 AM · 4 views

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MPs are calling for the government to write off the £197 million loan to the British Council, which is struggling after job cuts and asset sales. Despite restructuring efforts, the council won’t see surplus funds until 2029, and staff are striking against further job losses. Full story and more reels: https://newsreel.video #news #UK #BritishCouncil #debt #finance #politics #breaking

Originally reported by The Guardian. Read the full story →

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