British Council seeks £60-mln government bailout
ISLAMABAD-The British Council, which promotes UK cultural and language relations overseas, is seeking a multi-million-pound bailout to stave off insolvency because of the impact of COVID-19, the government said on Thursday.
Junior foreign minister Nigel Adams told parliament the organisation was seeking a £60-million ($75-million, 66-million-euro) "advance" from the government's emergency Contingencies Fund.
Despite cost-cutting measures, such as furloughing staff, the council's financial situation was dire, he added.
It was founded in 1934 to promote British culture and fight the rise of fascism.