So our grossly underpaid director general (£800K per annum) has announced savings of £600 million at the BBC. To achieve a saving which amounts to 20% of the BBC's annual poll tax income, two virtually unknown radio stations are to go. Half of the content of the BBC website is also to go.
I don't know if I am just confused by high finance but really, this does not sound like real cuts of £600 million to me.
Could it be that our magnificent BBC establishment are pulling the wool over our eyes?
The DG also proudly announced that 90p out of every pound will go to “content”.
A cynical little voice in my head makes me inquire as to whether this could be achieved by giving a few hidden pay rises to the already grossly overpaid luvvies.
Think about it.
The more it costs to produce “content” the less as a percentage is the cost of buildings and infrastructure. Hence by having a few more of the cognoscenti on £200K will soon make the BBC more "efficient".
To me, the whole dark self serving edifice of the BBC stinks of corruption. This cost cutting is just a devious little ruse to deflect criticism about the disgusting rises in the licence fee during a time of national crisis.