The BBC is one of Britain’s proudest institutions, but of late it has been humbled. The state-owned broadcaster’s reputation has taken a public battering.

It has been presented as terminally arrogant and out of touch – whether for overpaying star presenters and top executives; or for its triffid-like expansion into new sectors of the media while its private sector rivals are retrenching. The Jonathan Ross affair and its reluctance to apologise for bogus allegations made about Bob Geldof’s charitable activities have prompted derision about the BBC’s inability to regulate its output.

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