Friday, June 21, 2024

First year deficit

We now have the first set of minutes from the full BBC Board under new Chair Samir Shah, held in March. It's an extraordinary eight pages, obviously constructed with the guiding hand of secretary Phil Harrold, in which gnomic utterances covered in a thick wash of corporate burble tell us very little indeed. 

Here are the odd factoids that crept it. 

Directors discussed how the business might approach the delivery of an additional 170 million pounds worth of annual savings by 27 /28.

Directors also considered and agreed the proposal to explore a number of options designed to create additional value for the BBC.

The Board approved the BBC budget for 2024-25 noting the significant projected deficit for that year.



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