Published On: Fri, Jun 21st, 2024

General Election latest: Labour will hike BBC TV licence fee if they win, expert warns | Politics | News


Experts are warning that a Labour government will lead to bigger increases in the BBC licence fee, a telly tax that Britons must pay or face imprisonment. The licence fee is set to rise annually between now and 2027, the rest of the Charter period.

The tax has already risen from £159 to £169.50 this year, but one expert says that inflation will increase under a Labour Government, and by implication so will the BBC fee. Dr Roger J Gewolb has warned inflation will go back up under Keir Starmer and Rachel Reeves.

He told GB News: “Labour’s poor grasp of economics and monetary policy will no doubt allow this dreadful state of affairs to continue and even increase as they spend more and more money”.

“Their undoubted profligate spending will mean more money being printed, more borrowing, and more interest unnecessarily paid by the Bank of England to the banks, depleting the national treasury further and putting pressure on virtually all sectors of the economy with prices rising and inflation going back up again.”

Top think tank The Taxpayers’ Alliance said: “Any rise in the cost of the license fee is unacceptable given the coercion involved. Brits are forced to pay the TV tax under the threat of possible imprisonment, despite the archaic and backwards nature of this funding system, which long ago lost relevance.

“The next government should scrap the licence fee and force the Beeb to stand on its own two feet.”

This is a live blog. Follow below for updates.



Source link

Leave a comment

XHTML: You can use these html tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Verified by MonsterInsights