Jonathan Munro, global director and deputy chief executive of BBC News, said: “While the result of the latest grant-in-aid funding settlement means we are able to maintain all of our existing language services, we were clear it would not stave off difficult decisions in order to remain globally competitive and meet our savings requirements.
“These changes will ensure we operate effectively with the resource we have, creating the most impact for audiences internationally.”
The BBC added that the service is “operating in a highly competitive global media environment” which has “international news providers investing billions in state-backed media that sees increased competition for staff, platforms and frequencies, and audiences”.
The broadcaster said it will “continue to counter disinformation, provide emergency services in times of crisis and report from all corners of the globe”.
As part of the Budget in October, Chancellor Rachel Reeves announced that the Foreign, Commonwealth and Development Office (FCDO) settlement for the next financial year “provides an increase in funding to the BBC World Service, protecting existing foreign language service provision and its mission to deliver globally trusted media, in support of the UK’s global presence and soft power”.
The BBC World Service is predominantly funded by the UK licence fee and has received a grant of £104.4 million from the FCDO in previous years.
In October, ahead of the Budget, the BBC revealed a raft of cost-saving plans, including the axing of in-depth interview show HARDtalk and reducing more than 100 news roles at the broadcaster.
HARDtalk, which is broadcast from Monday to Thursday, is set to shut in March 2025 after nearly three decades on air.
Lloyds Banking Group is planning to hire hundreds of engineers in India as the company plans to shift its employment opportunit
£1.6m Music Export Growth Scheme to support 58 independent UK artists to tour the world Funding will boost UK’s creative industries – a key growth se
A BELOVED restaurant chain has announced it will close eight venues across the UK, scrapping 158 jobs in the process.Owners are pointing the finger at Labour's
The latest figures published by the US Bureau of Labor Statistics today (7 March) came in below market expectations, with economists polled by