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BBC News faces £80m cuts over the next four years | BBC News faces £80m cuts over the next four years |
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BBC News is braced for cuts of £80m over the next four years as the corporation as a whole looks to save £550m a year by 2021-22. | BBC News is braced for cuts of £80m over the next four years as the corporation as a whole looks to save £550m a year by 2021-22. |
James Harding, the BBC’s head of news, warned staff that his “working assumption” about how much the division would be hit by the BBC’s cost-cutting proposals was about £80m in a presentation in London on Monday. | James Harding, the BBC’s head of news, warned staff that his “working assumption” about how much the division would be hit by the BBC’s cost-cutting proposals was about £80m in a presentation in London on Monday. |
Although he declined to reveal which departments or services would bear the brunt of the cuts, the cuts are a result of Harding’s three-month Future of News project, which was launched in January. | Although he declined to reveal which departments or services would bear the brunt of the cuts, the cuts are a result of Harding’s three-month Future of News project, which was launched in January. |
BBC News, which employs about 7,400 of the corporation’s 18,000 workforce, has already announced £5m in savings as part of the corporation’s overall target of £150m in annual savings by 2017. | |
Final proposals are set be announced at the end of March with BBC management understood to be running the rule over Radio 5 Live as well as the News channel. Harding told staff last year that the BBC would not make any long-term decisions on the channel while doing more work developing video news for smartphones. | |
“No decisions have been taken and no recommendations have yet been made about the Future of BBC News,” said a BBC spokesperson after the internal presentation. | |
When he launched the three-month review to reshape the department for the next decade in January, Harding said BBC News “can’t afford to do everything” as it faces millions of pounds worth of cuts. | When he launched the three-month review to reshape the department for the next decade in January, Harding said BBC News “can’t afford to do everything” as it faces millions of pounds worth of cuts. |
“We are going to have to make choices,” he wrote in a blogpost to staff. “Technology is transforming the news. Audience expectations are changing, too. And the funding settlement for the BBC requires both cuts and the reallocation of spending.” | “We are going to have to make choices,” he wrote in a blogpost to staff. “Technology is transforming the news. Audience expectations are changing, too. And the funding settlement for the BBC requires both cuts and the reallocation of spending.” |