Lord Burns says sell-off being considered by government would neither raise much money nor improve the marketTerry Burns,the outgoing chairman of Channel 4 and a former Treasury mandarin, has condemned the government’s plans to privatise Channel 4 as of “cramped financial benefit” and questioned the culture secretary’s handling of the job since the election.
Lord Burns said a sell-off of the state-owned, and commercially funded broadcaster would neither raise much money nor improve the market,the only “two possible reasons for privatisation”.
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Source: theguardian.com