Morale at the BBC is at an all-time low. “Breaking the news of 2,900 job cuts, with thousands more to follow, and a 15% budget cut, Mark Thompson said the BBC’s “creative prize” came with a “price tag”. The move, aimed at boosting annual savings to £320m in three years, is being seen as the start of what is likely to be a frenzied period of horse-trading with the government before the renewal of the BBC’s royal charter in 2006.”