Essex Member of Parliament, John Whittingdale has announced £9,568,900 for the British Library's Save Our Sounds project to digitise the UK’s rare, unique and most vulnerable sound recordings and open them up online for people to hear

The British Library Save Our Sounds site describes one of its aims as being "to establish a national radio archive that will collect, protect and share a substantial part of the UK’s vibrant radio output, working with the radio industry and other partners".

Government announcement - https://www.gov.uk/government/news/uk-heritage-projects-awarded-nearly-100m

British Library - Save Our Sounds - http://www.bl.uk/projects/save-our-sounds