Between 3,000 and 4,000 jobs across finance, HR, legal, publicity and marketing are expected to be cut following an announcement later this morning. And 1,700 jobs are expected to move from London to Manchester.
Thomson aims to make the BBC a more efficient broadcaster, and the job cuts follow several reviews he put into place after joining the organisation in June.
Ernst & Young recently said that the BBC must tighten its internal controls on certain types of expenses. ‘E&Y’s recommendations are timely,’ said Thompson last week.
‘BBC’s management is committed to delivering the best value for licence fee payers and I, along with my colleagues, will ensure we continue to improve the BBC’s performance.’
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.