British Council’s £197m debt should mostly be written off, MPs say
<p>Commons report calls on Foreign Office to bail out soft-power flagship reeling from job cuts and asset sales</p><p>Ministers should explore writing off <a href="https://www.theguardian.com/politics/2025/jan/25/why-the-financial-crisis-at-the-british-council-matters-as-uk-pushes-soft-power">a crippling £197m loan</a> to the British Council by converting as