Censorship at the BBC

I missed this stroy a month ago. The BBC decided on 17 december 2007 to censor the lyrics of a song by the Pogues. "Fairytale of New York" the 1987 Christmas song features lyrics such as: "You scumbag, you maggot you cheap lousy faggot, Happy Christmas your arse I pray God It's our last." and the "faggot" part was deemed offensive by the BBC.