BBC Eyes Funding Reform As Further Cuts Loom

BBC director-general Tim Davie says the corporation is looking at reforming its funding model (Credit: AFP)

The BBC is looking at reforming its main source of funding in the light of a government freeze and inflationary pressures, director-general Tim Davie said on Tuesday.

The annual licence fee, paid by every household with a television set, has been frozen at GBP159 ($201) for two years and will go up to GBP169.50 from April.