Approved ~~ MJM
The Labour Party may not be the only big loser in last week’s U.K. election.
After U.K. Prime Minister Boris Johnson’s landslide election victory on Thursday, the BBC is facing losing significant amounts of its government-sourced income.
The media organization could possibly lose between 5% to 75% of its total revenue after coming under criticism for purported bias from both the left and the right in the days since the Conservative Party’s election triumph.
Founded in 1922, the BBC maintains independent control of its broadcasting and must remain politically neutral. The government has oversight of the media outlet, which employs over 2,000 journalists and produces substantial entertainment programming.