LoveMONEY poll: almost 80% think the TV licence fee needs to go


Updated on 18 May 2016 | 13 Comments

Most of you feel there are better ways to fund the BBC.

Almost eight in 10 loveMONEY readers want to see to see an alternative to the TV licence fee introduced.

That's according to a poll we ran recently on how the BBC should be funded. Of the more than 700 of you who voted, only 22% felt the existing fee was the best option. 

The most popular option, albeit only just, was for the BBC to switch to an advert-funded model to help it stand on its own two feet. Just over a quarter (28%) opted for funding it through general taxation, while on in five (20%) supported a paid-subscription model.

You can see the results of the poll in the picture below.

What you had to say

We were discussing the matter of the licence fee in an opinion piece by Ruth Jackson, who argued that there are better ways to fund the BBC.

In the comments section, a number of you expressed fairly strong views on the matter. For example, "Wilkster" described the licence fee as "a stealth tax that is so outdated it's untrue". They added that streaming services would "kill off terrestrial TV the same way mp3's did to vinyl".

Conversely, a reader with the username "Wbjb" argued that the BBC represented brilliant value for money, adding: "Very few people who pay a license fee don't get fantastic value from it.

"Our media is admired the world over and it makes a huge contribution to our economy and balance of payments. The cost is tiny (less than £3 per week) for the whole family, and that includes radio, the Internet and the iPlayer etc."

Another reader going by the username "Welldone" simply asked whether our article questioning the fee "was sponsored by Sky".

In case you're wondering, it wasn't.

Why is it relevant right now?

Last Friday (13 May), the BBC published its White Paper, making proposals for the corporation’s Royal Charter. 

Various points were covered, such as who will run the BBC, how it’ll be funded and how to produce more ‘distinctive’ content.

The Beeb has decided to keep the licence fee and close the iPlayer catch-up service loophole, meaning that even those who don't watch live TV will need to pay up. The licence fee will continue to climb in line with inflation until 2021-22. There’s also talk of a new paid subscription service to rival Netflix, aptly called ‘Britflix’.

Read: the cheapest ways to watch movies

What happens next?

A debate on the proposals will take place in the autumn, then the new charter will be drafted and signed. Hopefully they get it right- the charter won’t be updated for another 11 years.

If you didn’t get a chance to have your say, vote on the poll or comment below.

Have your own personal finance-related story to share? Tell us at uknews@lovemoney.com

Compare current accounts: earn up to 5% interest on your cash

loveMONEY's most popular right now:

Aldi 'cheaper than Asda, Tesco, Sainsbury's and Morrisons'

Buy-to-let crackdown: will landlords or tenants be the big losers?

YouSpotProperty: earn big money and Amazon vouchers for finding abandoned homes

Comments


Be the first to comment

Do you want to comment on this article? You need to be signed in for this feature

Copyright © lovemoney.com All rights reserved.

 

loveMONEY.com Financial Services Limited is authorised and regulated by the Financial Conduct Authority (FCA) with Firm Reference Number (FRN): 479153.

loveMONEY.com is a company registered in England & Wales (Company Number: 7406028) with its registered address at First Floor Ridgeland House, 15 Carfax, Horsham, West Sussex, RH12 1DY, United Kingdom. loveMONEY.com Limited operates under the trading name of loveMONEY.com Financial Services Limited. We operate as a credit broker for consumer credit and do not lend directly. Our company maintains relationships with various affiliates and lenders, which we may promote within our editorial content in emails and on featured partner pages through affiliate links. Please note, that we may receive commission payments from some of the product and service providers featured on our website. In line with Consumer Duty regulations, we assess our partners to ensure they offer fair value, are transparent, and cater to the needs of all customers, including vulnerable groups. We continuously review our practices to ensure compliance with these standards. While we make every effort to ensure the accuracy and currency of our editorial content, users should independently verify information with their chosen product or service provider. This can be done by reviewing the product landing page information and the terms and conditions associated with the product. If you are uncertain whether a product is suitable, we strongly recommend seeking advice from a regulated independent financial advisor before applying for the products.