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General view of the sign on the wall of BBC Television Centre in west... News PhotoBBC Television Centre,Finance,General View,Greater London,Horizontal,London - England,The Media,UKPhotographer Collection: AFP 2012 AFPGeneral view of the sign on the wall of BBC Television Centre in west London on October 6, 2011. The BBC is to announce how it intends to make budget cuts of 20% as a result of the freeze to the licence fee. The proposals are expected to mean changes to BBC output and job losses across the corporation. In January, Thompson said the BBC faced the challenge of finding 20% savings over the four years to April 2017. This figure incorporates the 16% drop in revenue from the licence fee, and an attempt to claw back 4% of current expenditure to re-invest in new content and digital developments. AFP PHOTO / CARL COURT (Photo credit should read CARL COURT/AFP/GettyImages)