I work for BBC (Wales) and we`re currently redesigning with less clutter. Its easy to try and include everything on a page...
Few pointers :
1 - lose the calendar.
2 - lose the currency converter and finance help thing
3 - lose the clock
4- lose the make bookmark, make homepage, etc thing
5 - lose the live help - maybe link to a page with it on
6 - stick with one navigation system... having the 2 is confusing
7 - cut down the log in box - instead of Session Length, just a tick box with "remember me" is enough
This will free up loads of screen real estate...
You can see by taking them out how much more room you have to play with (this is just removing the above, not rearranging content) :
http://www.icreativ.co.uk/temp/narromine.gif