'Enron' row rages over BBC accounts
A Labour MP has sparked a furious row with the BBC after he accused the corporation of producing an annual report which 'feels more like a kind of Enron annual report'.
A Labour MP has sparked a furious row with the BBC after he accused the corporation of producing an annual report which 'feels more like a kind of Enron annual report'.
Link: Compromise reached on BBC accounts
The accusation was made by Chris Bryant, Labour MP for Rhondda and a member of the media and sport select committee, in a hearing with BBC directors and governors.
A furious Greg Dyke, the BBC’s director general, demanded an apology for comparing the organisation with a ‘corrupt financial organisation’.
Bryant said he was happy to apologise for ‘any imputation of anybody being financially corrupt’, but did not stand down from his accusation that the report was ‘fundamentally complacent’.
The row follows the publication of figures, which showed licence fee funding of £2.659bn, but a net debt of £74m. In addition the corporation’s pension would be more than a £1bn in deficit if it was calculated using FRS 17.
The numbers you crunch tell a story. Your expertis...
21yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThis follows an investigation into undisclosed personal loans and issues with an acquisition. Despite challenges, the company aims to achieve £1bn in ...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThere is optimism that the IPO market will rebound in the second half of 2024, driven by pent-up demand and potential improvements in economic conditi...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleKPMG confirms reappointment of it's UK chair, while EY announces Janet Truncale as the next EY global chair and CEO Read More...
View articleThe ICAEW has announced the appointment of its forthcoming chief executive Read More...
View article