00:00 The latest in a long line of household bill increases. The TV licence fee is about to
00:07 go up with the new financial year. The 1st of April will see those with a television
00:11 forking out £169.50, an inflation-busting rise of £10.50 annually. If you're currently
00:18 paying for your licence in instalments, either by direct debit or payment card, you'll continue
00:23 to pay a total of £159. You won't pay the new higher price until your licence is due
00:29 for renewal from next month. But what exactly are we paying for? You used to get a licence
00:34 for simply having a TV, but not anymore. You'll need one if you watch any live TV at all,
00:39 or use BBC iPlayer. 86% of the licence fee is spent on BBC TV channels, radio stations,
00:46 BBC iPlayer, BBC Sounds and online services. Culture Sec Lucy Fraser said the rise is down
00:51 to the BBC already feeling the impact of people cancelling their TV licence as people turn
00:56 to streaming services. But critics of the rise say households are already struggling
01:00 through the cost of living crisis.
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