In a move seen widely as indicative of the state of the economic situation, the BBC has announced that Robert Peston, Business Editor, will now broadcast all pieces to camera from the toilet of his bijou, ranch-style home.
A BBC News spokesman said "In these straightened times, we're looking at how to save money on stupid graphics, and rather insulting analogies that somehow bring to life the gravity of the crisis we are feeding, er, I mean reporting, on. Building a studio in Robert's toilet means we have a ready made set and obvious prop to use, whatever the day's story. Which is usually really bad."
BBC insiders are said to be eagerly anticipating the versatility and scope of this new approach. A range of flexible but obvious visual illustrations have already suggested themselves, including 'Things are really going down the pan' and 'Why has the governemnt p**sed away all the money?'. Sources have revealed that the production team of Panorama has already been looking at use of the adjacent sink, using the graphic potential of the plug hole, things going down the drain, overflowing debt etc. However, reports that Newsnight had been looking at a regular feature called 'We're all in The Sh**ter Now and Forever' have been denied.
"We're proud to be able to contribute this evidence that we at the BBC are making appropriate savings in the current climate" added the spokesman. "This initiative will allow us to continue to report the economic situation with the relentless, gleeful pessimism that developing the story demands I mean the due commitment to objectivity and clarity that it deserves."
Stephanie Flanders is 68.