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Read this: BBC World Service to reduce shortwave transmissions as part of savings drive - Media - theguardian.com
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Summary: BBC director of global news, Peter Horrocks, has said it would be a real stretch to find 15m in savings across the World Service. The money will be used to invest in new TV and digital services, part of a programme called Invest to Innovate. An extra 6.5m is being pumped into the World Service's budget this year, alongside an extra 1.5m of savings, helping to create 130 jobs. - theguardian.com
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