As part of its financial settlement with the chancellor in July, the BBC agreed to take on a proportion (less than 25%) of the cost of providing free TV licences to the over-75s between 2015 and 2020 (Letters, 29 December). In return the BBC was granted financial concessions (indexation of the licence fee and reduction in spend on broadband roll-out and S4C) worth virtually the same amount. After 2020 there will be no obligation on the BBC to provide free TV licences to anyone, but the valuable concessions will remain in place.
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