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BBC to make hundreds of millions of pounds of cuts
The BBC aims to save around £600 million by 2029 due to declining licence fee income and rising costs amid competition from streaming services, officials said.
- The BBC is making cuts amounting to about 10% of its costs over the next three years due to "substantial financial pressures".
- The new cuts come on top of about £150m that must still be found by March 2028 as part of an existing savings programme.
- The announcement comes as the BBC negotiates with the government about its future, and that of the licence fee, ahead of the renewal of its royal charter at the end of 2027.
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The amount can reach EUR 600 million (690 million) and involve programmes and reductions, according to other British means.
·Portugal
Read Full ArticleThe BBC said on Thursday that it expects to achieve further savings, up to about 10% of its costs over the next three years, without specifying the exact amount, to adapt to "significant financial pressures". ...
·Brussels, Belgium
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Total News Sources17
Leaning Left6Leaning Right3Center4Last UpdatedBias Distribution46% Left
Bias Distribution
- 46% of the sources lean Left
46% Left
L 46%
C 31%
R 23%
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