Source · Select Committees · Public Accounts Committee
Recommendation 10
10
In recent years, the BBC has entered into complex ‘sale and leaseback’ arrangements to develop...
Conclusion
In recent years, the BBC has entered into complex ‘sale and leaseback’ arrangements to develop and finance its estate.19 To determine whether the new regional plans are joined up with these existing arrangements, we asked the BBC whether it could find itself in a position where it has sold off the ownership of a property, but still rent it back on a lease, and then need to relocate. The BBC replied that it does not think that this will happen, but, where it has property which is excess to its requirements, it will seek to sub-let that where it can.20
Government Response
Acknowledged
HM Government
Acknowledged
The BBC will respond directly to the Committee to the recommendations in the Committee’s report.