Monday, June 27, 2011

Something will turn up....

The sherpas of DQF at the BBC are heading out west to Caversham again this week, to exchange powerpoints on progress or otherwise towards cuts of 20% over six years. All the leaks are about trimming rather than a full razor cut on No 1. The surreal element is a sort of stand-off between the rather relaxed stance of Mark Thompson and Lord Patten, and those doing the financial calculations, who perceive serious black holes in the books.  Thompson's Micawber-ish tendencies have their basis in a series of underspends over recent years; Lord Patten has quietly busted all governance rules to provide £15m or so extra funding for the World Service, and will probably behave in a similar fashion throughout his tenure as Chairman.

Can the money men convince them that this time it's serious ?


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