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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...
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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.
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