Investment News | Business | Finance | Britain
  • Home
  • About
  • Azerbaijani
Browsing: / Home / BBC Under Spotlight for Its Spending Practices
Print Email Shortlink

BBC Under Spotlight for Its Spending Practices

By Jessie Wilkens on June 6, 2011 in Investing, UK businesses

The BBC seems to have gotten itself into some hot water lately. Their first class and business class travel expenses have soared by 60% during the recent financial year, even though they have quite publically pledged to cut their expenses.

Daily Spending

The information shown from the Freedom of Information Act shows that they are spending at least £2.3million each day on travel that is not in economy class both inside Britain and overseas.

Part of this increase is certainly due to the BBC’s decision to move 50% of its programming outside of London by the year 2016. Many of their executives and staff have been going back and forth between London and Manchester as they attend meetings and work on the new Media City site that will be in Salford.

Ironic Pledge to Reduce Costs

Ironically, while they have pledged to reduce costs by spending 50% of their programming budget outside of London, they are now spending a great deal on hotels, travel, taxi bills and more for staff, presenters and studio guests to make their way around the country.

For instance, the sport department will be moving to Salford, but the BBC is going to have to spend £5million to get its staff to London for the Olympic Games in the coming year.

In response to the criticism, a BBC spokesman said, “The BBC adheres to a strict expenses policy, and with specific exceptions such as long distance travel where staff are working immediately on arrival, all travel is economy class.”

Share this on: Mixx Delicious Digg Facebook Twitter
BBCBBC spendingLondonManchester
  • Related Stories
  • Most Popular
  • Trouble in the Restaurant World?
  • ASOS and Kenyan Fashion Bloggers Teaming Up
  • Monthly Index Shows British Optimism
  • Thomas Cook Facing Closures
  • Many Reasons to Write Your Will
  • A New Look for Abercrombie & Fitch?
  • Trouble in the Restaurant World?
  • Getting Rich Off of Will & Kate? Perhaps
  • UK Strengthens Against the Euro
  • Aegon Study Shows Distrust of Pension Plans
  • Investors Fleeing Emerging Markets for Safer Ground
  • Hops Hopping as English Beer Industry Booms
← Previous Next →
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • Copyright © 2026 Investment News | Business | Finance | Britain.

    Powered by WordPress and News.