UK Budget: BBC World Service Gets Its Funding Boost As Film & TV Tax Reliefs Remain Untouched; James Corden’s New Studio Given $32M
deadline.comThe BBC World Service has been given its long-awaited funding boost in today’s UK budget, which contained no updates on film and TV tax credits.
While not announced by chancellor Rachel Reeves during her speech in the past hour, the small print in the UK’s budget document says: “In 2025-26, the settlement provides an increase in funding to the BBC World Service, protecting existing foreign language service provision and its mission to deliver globally trusted media, in support of the UK’s global presence and soft power.” The current settlement runs down in March.
The funding boost, the value of which has not been disclosed as of yet, comes out of the UK’s Foreign, Commonwealth and Development Office.
A BBC statement said the corporation “warmly welcomes” the additional funding, adding: “We are pleased the government has acknowledged the strong case for investing in the World Service.
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