[Earlier: Spending Review key points]
Recruitment firms say public communications and technology job cuts, whilst ugly, can soon be offset by an improving private sector, whilst the BBC’s regulator welcomes (through gritted teeth?) news the BBC must absorb £340 million in spending despite a licence freeze effectively cutting its budget by 16 percent…
BBC Trust chairman Sir Michael Lyons
“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.
“There is no doubt that the settlement will present us with some difficult choices, but importantly, these choices will remain firmly in the hands of the BBC Trust and we will of course seek the views of licence fee payers.”
“The television licence fee will fund the World Service and the BBC will make a contribution to funding S4C through a partnership.”