Broadcaster is suffering from a funding gap as fewer households pay their dues
The BBC should hand all licence fee payers a stake in the broadcaster to improve its “out of touch” agenda and give households more say over its future, according to Sir John Redwood.
Sir John, the former head of Margaret Thatcher’s policy unit, said the corporation would be “transformed by wider ownership”.
He described the BBC’s current funding model as unsustainable amid a sharp decline in viewers as people turn to streaming services such as Netflix and Amazon.
Ministers are expected to launch a formal review into its funding model this autumn ahead of the renewal of its royal charter in 2027, which sets out its mission and how services are paid for.