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BBC Sets 10% Cost-Cut Target Over Next Three Years

Outgoing director-general Tim Davie cast the plan as a productivity push driven by licence-fee strain.

Overview

  • The corporation says it expects to deliver further savings equal to around 10% of costs over the next three years, with details of affected services yet to be set out.
  • Based on last year’s spending, the target equates to roughly £600 million, with British media reporting potential job losses and some programming cuts.
  • The drive adds to a £700 million savings and reinvestment programme that still has a £150 million shortfall to close.
  • Broadcasting union Bectu warned the plan risks harming the BBC’s public service role and increasing anxiety among staff.
  • Davie outlined the target shortly before his departure on April 2, as the licence fee rises to £180 on April 1 and revenue pressures persist.