I want the BBC to be a mass market public service broadcaster still funded by the licence fee... and the licence fee is more durable than many people in the commercial sector believe.

It was an interesting question as to whether the BBC had a future in the digital world, and what form of market failure could justify the licence fee system.

The BBC should not have a cheerleader. It should have somebody who runs the organisation in the interests of the public and that should be a chairman.

Normally I would not recommend a book that tells you how to make money in the stock market. Most of these books are aimed at gullible folk, and they usually make much more money for their authors than they do for the investing public.

Without the BBC, the proliferation of television and radio channels by the private sector would simply result in more and more channels, with tiny audiences, all seeking to do the same thing. The future would be one of fragmentation - fragmentation without either plurality or diversity.

Money motivates. The goals (in the public sector) are more about service than money,