450 job cuts officially announced across BBC News division

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Following reports earlier that at least 250 jobs would be cut across BBC's news output, Director of News Fran Unsworth has confirmed that 450 will be made redundant at the BBC.

Speaking at an all-staff meeting this afternoon, Unsworth said that the 450 jobs will be axed at BBC News, and confirmed that the popular Victoria Derbyshire Show would be taken off the air - news that was unveiled ahead of time by a Times report last week.

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Speaking to the staff at the meeting, Unsworth told them, "We have to adapt and ensure we continue to be the world’s most trusted news organisation, but crucially, one which is also relevant for the people we are not currently reaching." She has also announced the introduction of a new commissioning structure which will involve "multi-skilled" teams of journalists producing content across outlets.

Her announcement also included the revelation that Newsnight's film budget is set to be cut, and the number of shows on World Service English will go down. At Radio 5 live, a popular network for live breaking news and commentary, there will also be job losses.

The BBC's official statement said that it is necessary to save £80 million in two years, "driven by pressures across the BBC, including the last licence fee settlement.

"BBC News has already saved about half of this amount and the changes announced today should complete the savings."