Prices you trust…The BBFC announces a smaller than expected fee increase for 2018

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BBFC fees will increase from 1 January 2018. In 2015, having frozen fees for the previous seven years, and following consultation with the DCMS and industry, we introduced an annual fee formula of RPI minus 1% to ensure our long term income was on a sustainable footing. This sub-inflation formula also carried a built-in need to make annual cost savings in our business while still delivering an efficient service to industry. In October 2017, the Office for National Statistics announced that September RPI was 3.9% which is higher than recent years. In light of this, and the fact BBFC fees have only increased by 2.3% over the last ten years, although we are keen to retain the RPI minus 1% formula going forward, for 2018, as a one-off good will offering to customers, we propose to deviate from the formula and clip the increase from 2.9% to 2% We are therefore increasing the fees for our statutory services by 2%, as follows: Theatrical submissions: £7.30 per minute and 2£104.57 submission fee Video Recordings Act submissions: £6.26 per minute and £78.30 submission fee See other fees in article from bbfc.co.uk