Business Services Industry

OPIN: BBC will be forced to make cuts.

Knight Ridder/Tribune Business News, December, 2004

Daily Mail, London Knight Ridder/Tribune Business News

Dec. 2--Ronald Reagan once quipped that he was looking for a one-armed economist. He was fed up with his advisers saying: "On the one hand... but on the other hand "

But in modern Britain economists rule, OK. Terry Burns, formerly Treasury mandarin and now Lord Burns, has become a man for all seasons, pronouncing on everything from hunting to the future of the BBC.

Sir Alan Budd, his erstwhile colleague at the London Business School, is up to his neck sorting out the Blunkett affair. He was a member of the Burns panel reviewing the evidence on the BBC licence.

Budd is also a former member of the Monetary Policy Committee, now packed with academic economists, who have...

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