Already a Bloomberg.com user?
Sign in with the same account.
The National Audit Office (NAO) has revealed the BBC miscalculated the savings it would make through its outsourcing deal with Siemens Business Services (SBS).
The BBC had originally projected the deal would generate savings of ?35.2m. It has now admitted it overestimated the cost of running its IT in-house by ?7.7m, after mistakenly including a one-off cost in its calculations.