BBC ITV. However, the BBC monopoly on radio services would persist until 8 October 1973 when under the control of the newly renamed Independent Broadcasting Authority (IBA), the UK's first Independent local radio station, LBC came on-air in the London area. As a result of the Pilkington Committee report of 1962, in which the BBC was praised for the quality and range of its output, and ITV was very heavily criticised for not providing enough quality programming, the decision was taken to award the BBC a second television channel, BBC2, in 1964, renaming the existing service BBC1. BBC2 used the higher
BBC fiercely opposed by unions, who have threatened a series of strikes; however, the BBC have stated that the cuts are essential to move the organisation forward and concentrate on increasing the quality of programming. On 20 October 2010, the Chancellor of the Exchequer George Osborne announced that the television licence fee would be frozen at its current level until the end of the current charter in 2016. The same announcement revealed that the BBC would take on the full cost of running the BBC World Service and the BBC Monitoring service from the Foreign and Commonwealth Office, and partially finance