British Council: Loans

Summary

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, whether the British Council has to repay its pandemic loan on commercial terms.

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Timeline

1. 2 December 2024

   Written question

   To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, whether the British Council has to repay its pandemic loan on commercial terms.

   Source: Commons

2. 6 December 2024

   Answer

   The previous Government made available up to £200 million in loans during the Covid-19 pandemic to ensure the British Council remained solvent, to support restructuring, and to help the British Council return to surplus.  The loan was made on commercial t...

   Source: Written answer

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• · Foreign, Commonwealth and Development Office · Answering body

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