George Osborne has signalled that he favours the handover of BBC regulation from the BBC Trust to independent watchdog Ofcom. The chancellor also indicated that he may seek changes during the renegotiation of the BBC’s royal charter, which will follow the 7 May general election, to prevent the corporation stifling other local news providers with the volume of its output. The trust’s chair, Rona Fairhead, said last month that it should be abolished and replaced by a new external regulator and a stronger board.