British Council’s £197m debt should mostly be written off, MPs say

Commons report calls on Foreign Office to bail out soft-power flagship reeling from job cuts and asset sales Ministers should explore writing off a crippling £197m loan to the British Council by converting as much of it as possible into “a grant or similar”, MPs have said. The Commons public acc...

Source: [Guardian World](https://www.theguardian.com/politics/2026/oct/30/british-council-debt-should-mostly-be-written-off-say-mps)