The BBC's current Royal charter is set to end in 2027, prompting the government to seek new methods of supporting the broadcaster post this date. Currently, the licence fee stands at £169.50 annually but will increase to £174.50 in April - a rise of £5, though various discounts and exemptions do exist.

Streaming services have changed the way people watch TV, leading the government to explore new licence fee options

In a move to modernise the licence fee for the streaming age, the government is considering changes that could see people pay to watch streaming services.