In a report published today on the Inside the BBC website, PriceWaterhouse Cooper's assessment is that the BBC is on track to deliver £1.6billion cumulative annual savings in the 10 year period ending March 2017 and it will continue to improve this in the next Charter.
The BBC Trust and the BBC asked PwC, as part of their work on the BBC’s efficiency, to look at the potential future efficiency rate that the BBC could achieve from purely productive efficiency over the next Charter period. That report is published here: [link]
As set out in British, Bold and Creative – The BBC’s programmes and services in the next Charter, published on 7th September, the BBC will need to deliver significant savings over the next licence fee period to both balance the books and release money for new investments
The PwC assessment recognises the BBC’s long history of delivering efficiency and should be considered alongside PwC’s July review of BBC’s progress reducing overheads.