We raised a concern about the lack of sufficient detail to support the BBC’s digital investment plan, for example around how savings will be achieved, what happens if savings targets are not met, or whether additional borrowing would be required.30 The BBC said it was helpful to have had those points highlighted. It told us that it was working through the budgeting process and building detailed budget plans, and that the budget process it was currently in would refine the detail.31 The BBC al...

We raised a concern about the lack of sufficient detail to support the BBC’s digital investment plan, for example around how savings will be achieved, what happens if savings targets are not met, or whether additional borrowing would be required.30 The BBC said it was helpful to have had those points highlighted. It told us that it was working through the budgeting process and building detailed budget plans, and that the budget process it was currently in would refine the detail.31 The BBC also highlighted that it did not have the same ability as its commercial competitors to raise debt to fund its digital ambitions. On the other hand, it did Type: conclusion | Number: 18 | Response status: not_addressed Government response: The Committee published its report on 28 April 2023 and the BBC will write directly to the Committee regarding the recommendations in the report.