Channel 4 chief declines director-general post at BBC

Channel 4 chief executive Mark Thompson (below) has ruled himself out of the race to become the next director-general of the BBC. The channel has just reported pre-tax profits of &£45m for the year to the end of the December, up from &£16.5m in 2002, but group turnover was unchanged at &£770m. Revenue from advertising and sponsorship was marginally down at &£643m.