The BBC could face a cut in the licence fee or even have to compete with other broadcasters for a share of the money unless it rebuilds public trust and becomes more transparent, a senior Conservative minister has suggested.
With the BBC's royal charter coming up for renewal in 2016, Mr Shapps suggested that there were "lots of different ways" in which licence fee-payers' money could be used to fund public service broadcasting.
And he said that the £145.50 annual fee would be "too much" if the BBC failed to reform.
Mr Shapps is not a full Cabinet member but attends the weekly meetings in 10 Downing Street in his role of minister without portfolio, and is regarded as a rising star in David Cameron's team.
The Democratic presidential candidate may also have shown his cards on his choice of running mate.
The US president also shared a post on Twitter accusing Dr Anthony Fauci of misleading the public over hydroxychloroquine.
Fears over an impending second wave of coronavirus dominates Wednesday’s front pages.