zlacker

People talk about misinformation on Facebook, but the British media are guilty of promoting criminals and fraudsters via news stories about their "success".

For example, my local newspaper published a number of articles about a "successful" trader who was offering training programmes. Last month he was sentenced to three years in prison for fraud.

There are numerous examples of this and even "reality" TV shows promoting these people as successful or rich, it is about time the media are held to account.

>>ID1452+(OP)
Stories of success are meaningless if you don't know how many people failed... If you listen to lottery winners, investing in lottery tickets is the best way to earn money,... somehow noone makes documentaries about millions of people who buy tickets and get nothing.

>>ID1452+(OP)
From the article: > Continuing cuts to BBC budgets and deep job cuts, caused by successive licence fee freezes, have been blamed for recent errors in the corporation’s news output, especially in regional English newsrooms.

That is the main piece of news as far as I can see. (Maybe it's not news for those who have followed the British media more closely than me.) The BBC does have some internal standards, but is increasingly unable to follow them because of budget cuts by the government, leading to lack of internal quality control.

>>gpvos+z8
In 2010 the TV license was £198.79[0]. Today it's £159, that's a 20% cut, with no real change in output.

Over the next 2 years it's coming down another 10% (or more) [1]

[0] https://www.in2013dollars.com/uk/inflation/2010?amount=145.5...

[1] https://www.gov.uk/government/news/tv-licence-fee-frozen-for...

>>iso121+Vb
Accounting for inflation the licence fee in 2010 was £270 in todays money. So in real terms the BBC has seen a cut of 42%, which is kind of insane.

>>gpvos+z8
I don't believe so, their decline of quality and trustworthiness has been going on longer than cuts to the license fee.

I also don't feel that the license fee represents value for money anymore.

>>ajsnig+p
This isn't even a story of success though. What due diligence did the BBC do to ensure he actually made that money and that he was using the methods claimed?

There are lots of people in social media who pose in front of expensive cars and with designer bag in order to sell their crypto or forex trading training courses. Most of course don't make their money from trading, but from commissions paid by platforms for winding in suckers.

>>avianl+Ao
No, in 2010 it was £145.50, which is just under £200 in today's money

However the number of subscribers has not remained static, also unreflected is the free subscription for over 75s which the government did fund but no longer go, nor the withdrawal of money from the government for things like World Service and Monitoring

Total license fee + grant funding in 2010 was £3.95b or £5.39b in today's money. It's down to about £3.9b today, so that's a realterms cut of 28%

>>ID1452+1y
Just look at the amount of altcoins now,... investing $100 into one of them could make you a millionaire, so someone will get rich out of them. Most of the others will fail miserably, and people will lose money. Again, the documentary will be made about the one who made it.