James Murdoch. Image: Flicker/ IAB UK
4 January 1981: a day as fateful for the BBC as 30 July 1954 when the Television Act, breaking its broadcasting monopoly, received the royal assent; or 1 January 1927, when that monopoly was established by a royal charter transforming the British Broadcasting Company into a corporation.
On that day, the Prime Minister, Margaret Thatcher, entertained Rupert Murdoch to a secret tête-à-tête lunch at which a change-making deal was struck. In the opinion of Harold Evans, it led to ‘a coup that transformed the relationship between British politics and journalism. … She was trailing in the polls, caught in a recession she had inherited, eager for an assured cheerleader at a difficult time. Her guest had an agenda too.’ He wanted to add The Times and The Sunday Times to the News of the World and the Sun, which he already owned, and was concerned about competition regulations. She assured him that he need not be. The Times could be his.