with a funding gap of £500 million. the result has been a series of budget cuts, the latest of which hit the news division on wednesday. although more money is being put into digitaljournalism and some broadcast services are being expanded the news at one doubling in length to an hour, for instance elsewhere, savings are being made. newsnight is losing half its staff, shortening its duration, and instead of the current magazine format with filmed reports and investigations, will become an interview, debate and discussion show. gabriel gatehouse, a former correspondent on the programme, had this response. but viewer david wright pointed out. while terry pearson questioned the thinking behind this week s changes. well, we ll be discussing the logic behind wednesday s announcement in a moment. but first, if this is the end of newsnight as we know it, what exactly is being lost without any dedicated correspondents and i should say, i was one of them in the 1990s or a bud