Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, if she will publish the terms and conditions of the loan imposed by her Department on the British Council.

The FCDO has provided a £100million loan to support the British Council's restructuring plan. The loan was made in line with the Market Economy Operator Principle to ensure the UK government complied with state aid regulation and the terms were commercially comparable. As these loans are intended to support the Council's commercial operations, assessments have been conducted on the British Council's financial data and credit worthiness to ensure the terms are in line with those which any private operator would provide.