British Council: Loans
Commons · Question 27277 · Tabled 29 Jan 2025 · Foreign, Commonwealth and Development Office · Official record
Answered 3 Feb 2025
Question
Asked by Wendy Morton
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, whether he has had discussions with the Chancellor of the Exchequer on restructuring the repayment terms for British Council loans owed to the Government.
Answer
Answered by Hamish Falconer, 3 Feb 2025
The Foreign, Commonwealth and Development Office is working closely with the British Council and HM Treasury on this issue.The loan was made on commercial terms to ensure compliance with the UK subsidy control regime. The Government remains committed to r...