Select committee: Public Accounts Committee

Conclusion 19

18th Report - The financial sustainability of the British Council Published 30 Oct 2026
Conclusion (the committee's words)
We also heard evidence about when it became clear that the 2020 business plan would not achieve its objectives. The FCDO told us that by September 2024 it had become apparent that projections of a return to profitability would not be realised and that a revised turnaround plan would be required.45 The failure of the 2020 business plan has led both organisations to place greater emphasis on monitoring performance and scrutinising assumptions underpinning the new turnaround plan.46 Delivering a financially sustainable turnaround plan

From: Public Accounts Committee, 18th Report - The financial sustainability of the British Council (HC 100), 30 October 2026

Government response

Government response awaited: deadline 30 December 2026.