"This is a tough settlement, but it's also a settlement that delivers certainty and stability for the BBC and licence fee payers through to 2016/17. It reflects the centrality of the licence fee in securing and safeguarding public service broadcasting. We recognise the importance of securing such a settlement at such an unprecedented time".

Sir Michael Lyons, Chairman of the BBC Trust

Today Chancellor George Osborne unveiled details of the Spending Review in the House of Commons. Above is a quote taken from a statement from the Chairman of the BBC Trusts in response to the announcement of a new licence fee settlement.

You can read the Chairman's statement in full on the BBC Trust website.

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  • Comment number 1. Posted by Russ

    on 22 Oct 2010 14:26

    Given that the government was holding a shotgun to the BBC's head throughout this rushed and cobbled together negotiation, I think the BBC has emerged out of this reasonably intact, albeit considerably bruised. The resulting overall 16% budget cut emphasises to me the need for the BBC to accelerate its concentration on its five editorial priorities, and to curtail activities falling outside this remit or scoring low on those priorities.

    Russ

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