Peel wrote that "The Festive 50 dates back to what was doubtless a crisp September morning in the early-to-mid Seventies, when John Walters and I were musing on life in his uniquely squalid office. In our waggish way, we decided to mock the enthusiasm of the Radio 1 management of the time for programmes with alliterative titles. Content, we felt, was of less importance than a snappy "Radio Times" billing. In the course of our historic meeting we had, I imagine, some fine reasons for dismissing the idea of a Festive 40 and going instead for a Festive 50, a decision that was to ruin my Decembers for years to come, condemning me to night after night at home with a ledger, when I could have been out and about having fun, fun, fun."