08-08-2022, 09:40 AM
As the NAO recommend that the BBC hold very little freehold
and lease more seems a good plan
(not withstanding the increase in borrowing requirement
because if the way leases are recognised under current accounting standards)
And it will free up cash which the BBC needs under the no increase in LF
And can reduce its total estate ….
Studioworks are still promoting studios D&E quite hard …..
(And they could lease directly as another financial vehicle)
And it seems more measured ….remember the plan to move EE to Pinewood ?
At least that took it (just) outside the M25…..
And those with long memories remember that BBC television bought Elstree …
Not the BBC …. And the rows that caused ….
and lease more seems a good plan
(not withstanding the increase in borrowing requirement
because if the way leases are recognised under current accounting standards)
And it will free up cash which the BBC needs under the no increase in LF
And can reduce its total estate ….
Studioworks are still promoting studios D&E quite hard …..
(And they could lease directly as another financial vehicle)
And it seems more measured ….remember the plan to move EE to Pinewood ?
At least that took it (just) outside the M25…..
And those with long memories remember that BBC television bought Elstree …
Not the BBC …. And the rows that caused ….