The BBC Trust today agreed to proposals put forward by the BBC Executive to cut the amount the BBC spends on paying its 650 senior managers by 25 per cent over the next three and a half years.
The Trust has also endorsed a new pay strategy for senior managers joining the BBC and agreed to the proposal to freeze the pay of Executive Board directors for a further three years.
The BBC will also seek to reduce total numbers of senior managers by 18 per cent by July 2013.
Pannick Stations at CCHQ
3 hours ago