Yesterday the Chancellor George Osborne unveiled details of the Spending Review in the House of Commons. Sir Michael Lyons, Chairman of the Βι¶ΉΤΌΕΔ Trust responded to the announcement of a new licence fee settlement in a . In an , Sir Michael told Steve Hewlett that the Foreign Office would still have a say over the scale of World Service operations, even though it would no longer fund them and added "the Βι¶ΉΤΌΕΔ has complete editorial freedom in this."

In response to the announcements that the licence fee will be frozen for six years, the corporation's budget cut by 16% and made to fund services including Βι¶ΉΤΌΕΔ World Service and the Welsh-language TV channel, S4C, Βι¶ΉΤΌΕΔ Director General, that "This is a realistic deal in exceptional circumstances securing a strong independent Βι¶ΉΤΌΕΔ for the next six years." that Peter Salmon, Director of Βι¶ΉΤΌΕΔ North said it's "an exceptional settlement and it's going to be difficult for the Βι¶ΉΤΌΕΔ but it's difficult for everyone in the whole UK economy." In a report by The Independent, former Culture Secretary Ben Bradshaw is quoted as saying that the changes are an '.'

reports that S4C plans to launch a judicial review of the decision to transfer responsibility for its funding to the Βι¶ΉΤΌΕΔ, the chairman John Walter Jones said it was "effectively" a merger and would be "disastrous" for viewers. But Mark Thompson said the arrangement would help safeguard Welsh language broadcasting and broadcasting minister Ed Vaizey said the deal gave S4C "a fantastic future" and that the channel might be able to save on administration and take advantage of the Βι¶ΉΤΌΕΔ's "expertise".

, Neil Midgley argues that the Βι¶ΉΤΌΕΔ has "good reasons to celebrate (having) secured the Βι¶ΉΤΌΕΔ's income for a full six years and effectively escaped from political interference". that "there are results for Thompson and Lyons too. The Trust is still in charge as before. There is no political requirement on the Βι¶ΉΤΌΕΔ to cut stars' pay. And, above all, the licence fee funding model is securely in place until 2017".

You can read more stories about how the Βι¶ΉΤΌΕΔ is effected by the Spending Review in the .

Laura Murray is the Editor of the About the Βι¶ΉΤΌΕΔ Blog

"This is a tough settlement, but it's also a settlement that delivers certainty and stability for the Βι¶ΉΤΌΕΔ and licence fee payers through to 2016/17. It reflects the centrality of the licence fee in securing and safeguarding public service broadcasting. We recognise the importance of securing such a settlement at such an unprecedented time".

Sir Michael Lyons, Chairman of the Βι¶ΉΤΌΕΔ Trust

Today Chancellor George Osborne unveiled details of the Spending Review in the House of Commons. Above is a quote taken from a statement from the Chairman of the Βι¶ΉΤΌΕΔ Trusts in response to the announcement of a new licence fee settlement.

You can read the .

During critical times such as now, for the United Kingdom, the Βι¶ΉΤΌΕΔ has an important role to play to clarify the issues for our audiences - to help them make sense of different ideas and points of view. The Spending Review is one of those times and our aim is to provide insightful, objective programmes and expert analysis to help people understand the context and the potential options. We'll look at where and at what level the cuts may be made and why they are happening now, ask what the key issues are, how the Government is dealing with them and what the implications of the cuts could be.

At the heart of next week's programming are twelve major regional television debates across the English regions being broadcast on Βι¶ΉΤΌΕΔ One on Thursday 9th September at 10.35 pm. The audience will include politicians, public sector workers, business leaders and members of the public. This is a good example of the unique ability of the Βι¶ΉΤΌΕΔ's regional and local services to connect with their audiences and engage them in a subject that is likely to have a direct effect on their lives. The debates will examine the potential impact of the spending review in their regions, exploring the decisions that local councils will be faced with and how those decisions might impact on jobs, services and local businesses. They will use as a starting point the results of a study commissioned by the Βι¶ΉΤΌΕΔ's English regions which brings together, for the first time, a range of different factors that determine how vulnerable a particular area is to economic impacts such as public sector cuts. The debates will be followed up on Βι¶ΉΤΌΕΔ Local Radio the following morning.

As well as the regional debates and survey next week, there will also be widespread coverage across the Βι¶ΉΤΌΕΔ's main network news programmes for the whole UK including a special focus through the forthcoming party conference season. Nick Robinson will be travelling around the country to find out what are the key issues on people's minds about the Spending Review. Newsnight will be offering its own special reportage and debate and in the following week the Today programme looks at the Spending Review issues through the lens of two constituencies in Sheffield.

Launching on Saturday we have a special website featuring the latest news on the Spending Review, Q&A's from our key correspondents and lots more rich content and analysis to sit alongside our radio and TV programmes. Click on . Moving into early October there will further debates broadcast in Scotland, Wales and Northern Ireland and our specialist correspondents will look at the issues sector by sector. On the day that the Government announces full details of the cuts on October 20th Andrew Neil will present a programme dedicated to the Spending Review and there will be extended reports and analysis in our main news programmes.

This kind of comprehensive programming, providing real public service is what the Βι¶ΉΤΌΕΔ is here to do and we will continue to follow the story throughout the autumn. We hope it will help our audiences understand the full context of the Spending Review and what it may mean for them.