Martin Lewis reacts as BBC host quits and show cuts half its staff after fans switch off

The journalist has since shared "it's time for a change" following the BBC's decision to cut more than half of the show's 60 staff and reduce the programme to 30 minutes to save £7.5million.

He wrote: "Totally understandable and timely call by BBC to downgrade Newsnight at the moment, especially on the type of geopolitical expertise someone like Mark Urban has... after all, there's very little global news or conflict happening these days."

Martin Lewis sparked a reaction online following his tweet (Image: Getty)Another quipped: "Uneventful world isn't it?"

"Martin… literally that is the definition of irony, BBC sadly can’t see the wood for the trees and wasting money/ license fee on rubbish programmes," a fourth added.

BBC Newsnight is reportedly being revamped and will show more live debates in a Question Time style overhaul as the current affairs programme attempts to gain more viewers.

Jonathan Aspinwall, who has worked at the corporation for 27 years and currently runs BBC News Podcasts, was previously announced as the show's new editor.