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BBC News is an operational business division of the British Broadcasting Corporation responsible for the gathering and broadcasting of news and current affairs. The department is the world's largest broadcast news organisation and generates about 120 hours of radio and television output each day, as well as online news coverage. The service maintains 50 foreign news bureaux with more than 250 correspondents around the world. Fran Unsworth has been Director of News and Current Affairs since January 2018. The department's annual budget is in excess of £350 million; it has 3,500 staff, 2,000 of whom are journalists. BBC News' domestic, global and online news divisions are housed within the largest live newsroom in Europe, in Broadcasting House in central London. Parliamentary coverage is produced and broadcast from studios in Millbank in London.