BBC boss turns down hedge fund cash after backlash

The BBC’s Editorial Director, Kamal Ahmed, has turned down a £12,000 speaking fee from a hedge fund, after facing a backlash.

As we reported yesterday, Ahmed was offered £12,000 for a 40-minute speech at Aberdeen Standard Investment’s conference last week.


This came days after Ahmed joined senior BBC staff in approving stringent cuts to BBC News – causing 450 job losses. Ahmed receives a basic salary from the BBC of over £200,000 a year.

However, emailing senior staff at the BBC earlier today, Ahmed announced that he would be rejecting the payment. The BBC boss acknowledged there had been a backlash “in the media and on social about the fee,” and that “several people have raised it internally.”

Ahmed said he, “did not think things through sufficiently” at the time the event was booked, and has now decided to turn down the fee.

Perhaps he should have accepted the money and donated it to the BBC, to help prevent a journalist from losing their job.


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