By Levi Winchester & Ruby Flanagan The TV licence fee has today risen to £169.50 a year, up from £159. The price of a black and white TV licence is increasing by £3.50 going from £53.50 to £57. The rise is based on the inflation figure for September last year. The TV licence, which is managed by TV Licensing, is the BBC’s main source of funding and the money raised is used to pay for BBC shows and services including TV, radio, the BBC website, podcasts, iPlayer and apps. According to BBC data, the total income from the licence fee in 2023 was £3.74billion, which accounted for about 65% of the …