To ask the Secretary of State for Foreign and Commonwealth Affairs, what estimate his Department has made of the (a) amount of revenue lost by the British Council in English teaching abroad programmes as a result of the covid-19 pandemic and (b) length of time it will take the British Council to return to pre-covid-19 revenue levels.
This answer is the replacement for a previous holding answer.
Answered on
30 June 2020
The British Council's commercial income has been heavily hit by Covid-19. We are currently finalising the terms of a £60m loan which will stabilize the Council's financial situation until mid-August 2020, while we conduct a strategic review of the Council's future strategy, operations and long-term sustainable funding models. Discussions are ongoing about the recommendations of this review.