Schadenfreude at the BBC

October 8, 2008

There was a time when the BBC was the bastion of excellence in journalism. The now infamous spat with Alastair Campbell about the sexed-up dossier and the subsequent Hutton enquiry threw a new light on their journalistic integrity and the current reporting on the global credit crisis is not helping their cause. Robert Peston, the BBC Business Editor "broke" the story about Northern Rock and it can be argued his reporting worsened the situation.

Today has seen the announcement of the rescue plan for the banks and rather than this being seen as a positive step to bring some much needed confidence to the banking sector it is seen as a £2000 per taxpayer bill by the BBC. What rubbish. We need some confidence in the markets and seeing the dark side of everything is just undermining any moves this, or any other, government makes. Robert Peston seems almost gleeful at the prospect of the economy going into a deep recession.

In the end we will all pay the price for the reporting style being adopted by the BBC. Making a name for themselves seems more important than reporting what is going on in a mature, professional manner. Taking delight in others’ misfortunes is not reporting, it’s puerile and right now, plain wrong.

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