New BBC director general Matt Brittin has outlined his savings plan, which includes cutting 550 jobs and reducing commissioning spend by $107 million.

The BBC plans to cut up to 2,000 jobs and save £500 million over two years in its largest workforce reduction in 15 years, with news bearing the deepest

BBC plans to cut hundreds of jobs in its news division as part of a significant downsizing effort.

Broadcaster announced a host of cost-saving measures