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BBC hires Bain & Co to review strategy when funding is tight | Business newsletter



The BBC has drafted at one of the world’s largest consulting firms to conduct a re-examination of its strategy as it faces the possibility of television royalties being abolished.

Sky News has learned that the company has invited management consultants from Bain & Co to help draw up a broad blueprint for the company’s future.

Sources say the work is expected to include a contribution to the BBC’s future funding debate, which has been the subject of a series of threats under the BBC’s stewardship. Boris JohnsonPrime Minister is leaving.

Bain’s appointment by BBC The board is understood to have been signed before the consulting firm was issued with a three-year bidding ban on UK public sector contracts.

The ban was issued by Cabinet Office Minister Jacob Rees-Mogg amid concerns about the country’s involvement in a corruption scandal in South Africa.

Bain & Co is said to be looking to overturn the decision.

Insiders point out that the BBC’s appointment of Bain & Co was made independently and did not require government approval.

Nadine Dorries, Mr Johnson’s culture secretary, said earlier this year that TV royalty fees were “totally outdated” and that the government would consider future funding options for service broadcasters. labour.

It is unclear if Miss Dorries will continue to stay in that post under Liz Trussa new prime minister, or whether a review of BBC funding should be a priority for the new Conservative government.

The amount of fees Bain & Co will earn from its work for the BBC is unclear, although a substantial sum could anger the company’s critics amid a round of job cuts. doing and ongoing BBC services.

A spokesman said: “Sometimes the BBC looks to outside support and they are helping inform future strategic work.”



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