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8
. BBC NEWS | Talk about Newsnight | A blog and forum
And I talk to the billionaire mayor of New York, Michael Bloomberg. He's been a Democrat a Republican and an Independent - who better to assess the US presidential race. And he's got plenty of advice for Boris, and even Boris's hair. about to stage the biggest rights issue in UK corporate history, asking shareholders for some £10bn to shore up its financial position. It will be part of an effort to write down its exposure to US sub prime - and any other skeletons still lurking
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http://www.bbc.co.uk/blogs/newsnight/latest_programme/
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10
. BBC NEWS | The Editors
tiny vocal minority. In a speech I gave earlier today at the University of Leeds' Institute of Communications Studies, I discussed some of the issues about what is termedHowever, providing quality in both dimensions is a costly exercise. Under the BBC’s new financial settlement the Newsroom department that is responsible for the core news TV, radio andwe needed to explain the causes of the crisis in a way that audiences unfamiliar with financial markets would understand. (I won't try to do that myself. Far better to read Robertis it the BBC's job to tell people to be calm and advise them what to do? We are not financialadvisers and there are legal limits on what our correspondents can do in terms of offering individual financial advice. We judge it is right for us to report the reassurance being offered by the Bank of England and the Financial Services Authority and our correspondents have offered the judgement that those reassurancesjob to tell the audience what to do with its money. Whenever we have commentary from financial experts on the BBC News website we always include this disclaimer: "The material isinstitutional position of the BBC. Its relationship with parliamentary politics, while fully independent, has always been a close one and the BBC has tended historically to operate within theperspective. Newsnight carried an intriguing interview with a Labour political adviser, Ed Owen, who has a daughter with Cystic Fibrosis. He explained the need for parents
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http://www.bbc.co.uk/blogs/theeditors/peter_horrocks/
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