Britannia Radio

More things which may have been overlooked - - -

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BBC slashes spending amid fears of funding crisis
BBC Worldwide, the broadcaster's commercial arm, has imposed a freeze 
on almost all recruitment. The rest of the BBC's 18,000 staff, 
already in the middle of a 15 per cent redundancy programme, will 
find their spending under even greater pressure with particular 
emphasis on reducing spending on fringe expenses such as taxis and 
corporate hospitality.
The BBC had planned to sell most of TV Centre, which is next to 
Westfield, the newly-opened shopping centre - -creating a £140m hole 
in the corporation's finances for the next five years.
The director general flew out of Heathrow  to a conference on the 
media in Monaco. Mr Thompson flew economy.  (FT 13/11.08)
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Pound falls to 6-year low against dollar
The pound took another hammering on Thursday, dropping to a six-and-a-
half year low against the dollar and hitting a record low against the 
euro.
[as at late morning to $1.4792 and ? 0.847)  (FT 13/11.08)
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BT cutting 10,000 jobs as downturn bites
Consultants, contractors and offshore staff among the company's total 
workforce of 160,000 are to be worst hit   (Telegraph 13.11.08)
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Note that Sainsbury, Tesco and Asda all report increased profits 
(various)
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Bush defends market amid 'awful' jobless figures
President to warn against government intervention at G20, as figures 
show 500,000 Americans lost jobs last week   (Times 13/11/08)