12/14/2010 05:12 am ET Updated May 25, 2011

Cost Of Chile Mine Coverage Squeezes BBC News Budget

The BBC has spent so heavily on its coverage of the Chilean miners rescue it is being forced to reduce its coverage of other major events, including next month's G20 summit in Seoul and the Oscars.

A memo written by the BBC's world news editor, Jon Williams, and sent to fellow executives, says the cost of reporting the rescue will exceed £100,000.

Read more on The Guardian