The BBC’s chief technology officer, Matthew Postgate, has claimed that by spending £285 million to prop up the Corporation’s creaking technology infrastructure for the next two years, they will actually be saving £90 million. ‘Negotiating’ £90 million off a ridiculous quote doesn’t mean you saved £90 million…

In a rambling blog post, Postgate trumpets the BBC’s great success in forking out almost £300 million to keep their tech backend running, hailing it as a sign of “financial efficiency.” He also claimed the BBC are “moving away from one monolithic, long term contract with a single supplier, to multiple shorter-term contracts with a number of specialist companies.” Aunty Beeb is currently offering a 7-10 year IT contract worth hundreds of millions…