British Council: Loans
Commons · Question 61057 · Tabled 18 Jun 2025 · Foreign, Commonwealth and Development Office · Official record
Answered 25 Jun 2025
Question
Asked by Kim Johnson
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what assessment he has made of the potential merits of reducing the interest repayments on the loan given to the British Council in response to reduced commercial revenues du
Answer
Answered by Catherine West, 25 Jun 2025
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 te...