NEW: BBC has spent hundreds of millions of pounds of its cash reserves in a single year. Reserves fell 66% from £369m in 2025 to just £125m. When Matt Brittin said he wasn't aware of the extend of the BBC's problems, this is big part of what he meant. www.theguardian.com/media/2026/s...
BBC cash reserves hit lowest level in a decade after big single-year spend
Exclusive: Reserves at public service arm drop 66% as broadcaster undertakes large cuts in effort to save £500m
theguardian.com