bbc chairman richard sharp reacted like this. address how we do what we do differently. and there will have to be changes and consequences. if you diminish capital resources there are going to be effects. now, the bbc has already had ten years of real reduction by about 30%. the news department has not been exempt from those cuts, with an £80 million savings target to be met by this year. and that's meantjob losses in areas such as political and business news. some viewers have been detecting an effect on the output over recent months. with hannah fearn tweeting... well, let's talk to fran unsworth who first joined the bbc in 1980, starting in local radio, but who rose to become its director of news and current affairs and she retires next week. thank you, fran for coming on newswatch. it's a pleasure. would you say you're leaving bbc news in a better place than it was when you first started working here? well, it's a very different place then when i first started working here because of course we do so much more output. so, when

bbc�*s chairman richard sharp reacted like this. means for the bbc is with less money in real terms, we are going to have to address how we do what we do differently. and they will have to be changes and consequences. if you diminish capital resources there are going to be affects. now, bbc has already had ten years of real reduction by about 30%. the news department has not been exempt from those cuts with an £80 million savings target to be met by this year. and that's meantjob losses in areas such as political and business news. some viewers have been detecting an effect on the output over recent months. with hannah fearn tweeting... well, let's talk to fran unsworth who firstjoined the bbc in 1980, starting in local radio but who rose to become its director of news and current affairs and she retires next week. thank you, fran for coming on newswatch. it's a pleasure. would you say you're leaving bbc news in a better place that you first started working here? well, it's a very different place then when i first started working he

bbc�*s chairman richard sharp reacted like this.

overall, it is a real tribute to richard sharpe and tim davey given that two years ago the bbc reallyrisis to get a licence fee settlement over the line in its 100th year is a triumph for the organisation.— organisation. you are reasonably o timistic organisation. you are reasonably optimistic given _ organisation. you are reasonably optimistic given that _ organisation. you are reasonably optimistic given that this - organisation. you are reasonably optimistic given that this is - optimistic given that this is tantamount to a cut in bbc income, but what about the longer term? it but what about the longer term? it is relative to what it could have but what about the longer term? it is relative to wha we :ould have but what about the longer term? it is relative to wha we hadi have but what about the longer term? it is relative to wha we had to ave but what about the longer term? it is relative to wha we had to be able licence fees. and we had to be able to be asked and of course a number of mps made the point about process and parliamentary process and the charter process and all of th

in the last few minutes, the chairman of the bbc, richard l the chairman of the bbc, richard sharp, respondedy disappointed. we had asked for a flat in _ arts editor. very disappointed. we had asked for a flat in real- arts editor. very disappointed. we had asked for a flat in real terms l had asked for a flat in real terms settlement— had asked for a flat in real terms settlement for— had asked for a flat in real terms settlement for the _ had asked for a flat in real terms settlement for the licence - had asked for a flat in real terms settlement for the licence fee. . had asked for a flat in real terms. settlement for the licence fee. we recognised — settlement for the licence fee. we recognised as _ settlement for the licence fee. we recognised as the _ settlement for the licence fee. we recognised as the secretary- settlement for the licence fee. we recognised as the secretary of- settlement for the licence fee. we i recognised as the secretary of state said that _ recognised as the secretary of state said that households _ recognised as the secretary of state said that households under-

bbc chairman richard sharp reacted like this.that respect. is the quality of what we do worse or better? i think the quality of what we do is actually incredibly good. you mentioned quality but, as you've heard, some people think there has been a loss of quality because of the cuts that you've had to make of the past few years. recently, the bbc admitted it had been a mistake to interview the lawyer alan dershowitz after ghislaine maxwell's conviction. do you accept that with fewer experienced journalists in the newsroom, mistakes like that are going to happen more? well, mistakes do happen — i'm not going to deny that — but i think in that particular case, it was less with cuts, to be honest, and more to do with covid! it was also 28 december, it was night, i think the teams, actually, are quite thinned out, no doubt about it — but that's not because of cuts so much as where we are between christmas and new year. really? people thought you should have just googled alan dershowitz, you'd have known you shouldn't be putting him on

richard dunbar. alex, talk us through what we heard from netflix and peloton and a sharp reaction from markets.here was always going to be some takeback. reporter: there was a problem they had over lockdown so they were not able to make as many shows, films, and the leisure content was dropping down from the uptake. there was expectation that this would bring subscribers in a more organic expectation, not just one driven by lockdown. this is not the outcomes that they expected. ella ton said they stopped production on the pushback of that. the demand is there, but it just dropped forward quite a lot. francine: 2.5 billion more subscribers is not too bad. i do not know if they are modeling on something that is unsubstantial -- unsustainable, or whether there is concern about too many streaming services. reporter: the market is a bit saturated already in terms of where netflix is. we really look at the growth there. looking internationally, but also whether they can increase subscriptions in asia. tom: richard, we touched on this, but it is an important story around technology. is this an opportu

richard? >> i watched the whole game. >> it's what we do. >> good game. >> great, your analysis should be really sharp this morning.go to the next -- >> i'm so tired. >> welcome back. >> i act like it's just a game, but it's life. football is life. guide me, mika. >> we're going to get to president biden's trip to georgia with voting rights in sharp focus but, first, as u.s. and russia holds a series of meetings to find a peaceful solution to the crisis in ukraine, there is skepticism in the eastern european country. ukrainian soldiers started digging defensive positions yesterday saying they have little confidence in diplomacy. nbc news chief foreign correspondent richard engel reports. >> reporter: you can see how confident ukrainians are in diplomacy with russia with every scrape and swing of their shovels. troops are digging new defensive trenches in the frozen ground close to russian forces. ukrainian troops are preparing for the worst because they worry that russia is not negotiating in good faith and is just going through the motions of diplomacy so it can say it gave peace a chance, and invade anyway. in ge