The BBC is set to remove its market data feeds on both its website and UK television service.
In an update on the BBC website earlier this month, the broadcaster stated it would remove the market feeds by the end of November.
“This change is part of our broader initiative to make savings, streamline operations and improve other essential aspects of the BBC’s digital journalism,” it stated in the update.
The BBC currently provides delayed updates on major stock prices, currencies, and commodities.
BBC News will continue to provide market data headlines on the News Channel and on BBC Radio 4.
The broadcaster said the move forms part of its strategy to “deliver value for all of its audiences.”
“We will continue to deliver comprehensive coverage of significant business and economic stories through our TV and radio broadcasts, as well as our news website and other digital platforms,” it said.
The change comes as market data has become easier for members of the public to access online, including through websites like Google Finance and Yahoo Finance.
The Good Money Guide also provides share price info and data on 7,000 UK and US companies. Readers can also view market analysis provided by experienced professionals.
In other BBC-related news, earlier this month a Panorama investigation by the broadcaster into Revolut found the fintech had been the subject of around 3,500 Financial Ombudsman Service (FOS) .
The programme focused on the Revolut’s response to customers being defrauded, after 10,000 reports of fraud in which the firm was named were submitted to cyber-crime Action Fraud.
In response, Revolut told the BBC that every potential case of fraud is carefully investigated before a decision is made. The firm also claimed it prevented more than £475 million worth of potential fraud losses to its customers around the world last year.
Robin has more than six years of experience as a financial journalist, most of which were spent at Citywire, and covers the latest developments in the investing, trading and currency transfer space. Outside of work, he enjoys reading literature and philosophy and playing the piano.
You can contact Robin at robin@goodmoneyguide.com
