Written Question·Foreign, Commonwealth and Development Office·UIN 17254
British Council: Loans
Tabled: 2 December 2024
Answered: 6 December 2024
Question
Charlotte Nichols
Labour — Warrington North
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.
Answer
Mr Hamish FalconerThe 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...
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