22/09/2010

BBC Finances To Be Examined

For the first time, the National Audit Office (NAO) will be conducting an examination on the BBC's finances.

A spokesman for the Department of Culture, Media and Sport has said the NAO will now be allowed "access to any part of the BBC they wish to look at.”

Later today, the Liberal Democrats will officially announce the terms of the agreement on the final day of the party conference.

The decision follows weeks of negotiation between the BBC Trust and the government.

To ensure good governance and value for money is achieved, the spending watchdog will scrutinise the finances of the BBC. Before, accessing the BBC's books was only possible if invited to do so by the BBC Trust.

The NAO will now be able to access any aspect of the BBC's finances. However it remains to be seen if the NAO would be allowed to publish details about fees and payments.

(BMcN/GK)

Related UK National News Stories
Click here for the latest headlines.

16 September 2011
BBC Agreement Overhauled
The National Audit Office (NAO) will now have the right to choose which areas of the BBC it investigates, under new value-for-money arrangements published today.
27 November 2003
Bectu issues slams sale of BBC Technology
The BBC are to sell their wholly-owned commercial subsidiary BBC Technology, subject to final approval by DCMS Secretary of State Tessa Jowell.
29 April 2004
More peak time arts, current affairs and documentaries, say BBC
The BBC has promised to air more arts, current affairs and documentaries during peak time viewing. Publishing the Corporation's 'Statements of Programme Policy for 2004/2005' the BBC has underscored a commitment to reduce 'make-over' drama programmes.
27 May 2011
Trust Launches Review Of BBC News Channel And BBC Parliament
The BBC Trust has launched its service review of BBC Parliament and BBC News Channel, as part of its rolling programme of service reviews. The review will look at the current performance of BBC Parliament and the News Channel - including the stations' quality, distinctiveness and value for money - and the BBC's future plans for the services.
16 March 2012
BBC To Move Forward With Paid Download Service
The BBC's director of archive content Roly Keating has said viewers are “very comfortable” with the corporations plans to launch an iTunes-style download service.