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British Council in ‘precarious financial situation’ after failing to repay £197m Covid loan from government | The Independent
There could now be a drastic reduction in the council’s operations, including making around a quarter of staff redundant and closing offices in 11 countries
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Future of British Council uncertain as institution still owes £197m of Covid loan | The Independent
https://www.independent.co.uk/bulletin/news/british-council-loan-government-tracey-emin-b2997171.html