PoliticsMPs say most of British Council’s £197m debt should be written off
The Commons Public Accounts Committee urged ministers to consider converting as much as possible of the British Council’s £197m loan into a grant or similar. It said the government lacked a positive vision for the organization and called on the Foreign, Commonwealth and Development Office to outline further support. The council’s finances remain precarious despite job cuts and asset sales.
MPs say most of British Council’s £197m debt should be written off
Politics