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Read this: Sir Michael Lyons makes history by acknowledging the BBC is overfunded | Media | guardian.co.uk

Summary: Photograph Graeme Robertson Last night's speech by Sir Michael Lyons was historic by any standards. For the first time in three decades, the chairman of the BBC Trust has said that the corporation will no longer seek inflationary rises to the licence fee. That means in the next round of negotiations, for the four years from April 2013, a real cut is likely. - guardian.co.uk

Read full article: www.guardian.co.uk link icon  Sir Michael Lyons makes history by ackno…



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