British Council Faces Job Cuts Over Large Government Loan
The British Council plans to cut jobs and close offices in many countries. This is to help repay a large government loan, affecting its work promoting UK culture abroad.
The British Council plans to cut jobs and close offices in many countries. This is to help repay a large government loan, affecting its work promoting UK culture abroad.
The British Council is planning to reduce its staff and close offices in several countries. This is part of a plan to repay a large government loan it received during the Covid-19 pandemic.
The agency aims to cut about 1,180 jobs by 2030, adding to 2,110 jobs already lost since 2021. It also proposes closing operations in 11 countries and reducing activities in 15 others. The loan, which now stands at £197 million, is due
For nearly a century, the British Council has promoted English language teaching and UK culture worldwide. However, it has been losing money since the pandemic and does not expect to make a profit until 2029-30.
The agency is currently discussing a new repayment plan with the government, possibly over 15 years. Earlier suggestions, like using its art collection or having the debt cancelled, were not accepted.
These changes have caused concern among staff and officials. The head of the National Audit Office said a clear financial plan is needed for the agency's future. The British Council welcomes the report and is working to become more efficient.