BBC cutbacks lead to Â£60m cash boost
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Media & professional: Â· Report shows corporation surpassed savings targets  Â· Group income goes up 5% on top of licence fee rise
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Media & professional: All the top BBC executives, including director general Mark Thompson, are to waive their bonuses this year.
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The British Broadcasting Corporation on Tuesday said it would cut about 2,900 jobs, more than 10 per cent of its workforce, as a part of &quot;transformation&quot; of the world&#39;s biggest public broadcaster, aimed at saving 320 million pounds a year.
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The BBC&#39;s international TV news channel has apologised after being duped into airing an interview with a fake Dow Chemical spokesman who said the firm would pay billions
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Siemens have landed a ten-year deal to provide IT services to the BBC in an outsourcing contract, worth about Â£200m a year. The German technology group has been selected as part of a cost-cutting initiative
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The telecommunications firm Cable &amp; Wireless today said it would cut another 600 jobs and return Â£250m to investors as it reaches the halfway mark in a three-year recovery plan.
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NEW YORK (CBS.MW) -- News Corp. (NWS) announced that its UK newspaper unit News International will cut its production staff by two thirds and invest 600 million pounds ($1.
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The BBC announces a Â£3 million package of investments to raise the profile of current affairs on BBC One.
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Lothian and Borders Police receives Â£600,000 in funding to tackle the "unique" pressures of capital policing.
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Britain's public broadcaster, the BBC,  announced one of the biggest shake-ups in its 82-year history  Tuesday, with plans to axe at least 2,900 jobs, or 10 percent  of its workforce, and trim $624 million in costs.
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Vodafone is to hand out Â£6bn to shareholders this year thanks to a doubling of its dividend and an increase in its share buy-back programme.
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Banks will be now able to borrow additional funds from the Bank of England in a move aimed at reducing the "credit squeeze".
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LOS ANGELES  In some of the harshest cutbacks in the public broadcaster&#39;s 89-year history, the BBC announced plans on Tuesday (Dec. 7) to cut roughly 10 percent of its workforce over the next three years.
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Gozo Channel Ltd has successfully reduced its financial loss-making from almost Lm1 million to Lm27, 000.
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LONDON (CBS.MW) -- The state-funded British Broadcasting Corp. said Tuesday it would eliminate close to 2,900 jobs, mainly in administration, hoping to achieve annual savings of 320 million pounds ($624 million) within three years.
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The BBC's plans for the next six years impact programming and jobs, with more repeats and 1,800 redundancies.
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Police officers are claiming nearly Â£60m for hearing loss mainly suffered in the Troubles, says Basil McCrea.