Take the childrens television the BBC produces - extremely high quality and very low cost. Raises the bar for all other (private) childrens television production.
I've not read the proposal. But some things, like telephone common carriers, ISPs should be regulated to the gills. Do I trust British Telecom Open Reach now they've been privatised? No, not really, but that's the way natural monopolies work. I don't trust them any more or less than I would have done pre privatisation.
I think the real problem is that current models of social media are dreadful, although I don't know of anything better.
I think one of the more constant features of UK politics has been every single government criticising the BBC.
[0] One very specific aspect has been greyed. The Tory party, who supposedly should care more for independence, required the BBC to take on funding of the World Service. Previously Foreign Office funded, now in the budget of the BBC.
Radio live/archived streams are available with no login in a web browser still I believe?