Read this: BBC - Blogs - About the BBC - The BBC World Service's funding may change – standards will not
Summary: Everyone in the city knows that at any minute they might be dead. When the World Service started broadcasting in 1932, John Reith warned listeners to keep their expectations low. The World Service is the BBC our reputation is founded on it. From April, the World Service budget of 245m will be paid by the licence fee, not by Foreign Office grant-in-aid as it has been for decades. - bbc.co.uk
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