At the risk of repeating myself, this was the statement from the BBC.
I don’t know where local radio would be accessible , which is presumably what you are talking about by “news from your hometown/local area” I don’t even know if you can easily access it elsewhere in the UK.
international audiences will need to tune in to radio and podcasts on a new advertising-funded service on BBC.com or a separate app. Restrictions on broadcasting rights mean some programming, including all music radio stations and some podcasts, will be removed completely. Others will only be available through third-party subscription services such as Apple and Spotify.
The BBC said expats would still have access to talk radio stations such as Radio 4 and the World Service, as well as more than 1,000 podcasts, including Global News Podcast, The Global Story and Infinite Monkey Cage
Given that radio is funded by the licence money and I assume you don’t have to pay that outside the UK, it’s perhaps a necessary cost cutting move.