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A piece in the FT today sheds a little more light on the financials of Guardian News and Media as it seeks to stem losses running at over £33m a year.
In the middle distance, a different kind of Guardian Media
Like many of the old guard Fleet Street commentators, Stephen Glover frequently talks nonsense when confronted by financials.
Trinity Mirror paid Guardian Media Group £7.4m for its regional newspapers business on 28 March. As of 4 July
Tomorrow, when Guardian Media Group publishes its annual accounts for the year to March 2010, those who regard The Guardian as a perverse charity that distorts competition will argue that not much has changed.
To say the least, the notion of 'switching off the presses'is simplistic.