The Government proposal to privatise Channel 4 'is cultural vandalism', Manchester Central MP Lucy Powell has said in a stinging statement. Ms Powell, the Shadow Culture Secretary, said the move would 'cost jobs and opportunities'.
The broadcaster said on Monday the Government has decided to go ahead with plans to privatise Channel 4. The channel, launched in November 1982, is currently owned by the Government and receives its funding from advertising.
A spokesperson for Channel 4 said it was 'disappointed' with the decision, but would 'continue to engage' with the Government on the process to 'ensure that Channel 4 continues to play its unique part in Britain’s creative ecology and national life'.
