Finance Week folds but retains website

Centaur has closed the print edition of Finance Week, but will continue to publish it as a web-based title, writes Colin Crummy.

The publication for finance teams in large businesses was launched 15 months ago with three copies delivered to each "relevant" business location and a limited number of copies on the newsstand.

Centaur publishing director Tim Potter said the move was a case of transferring resources to the web and that the "pass on"

readership of the magazine would benefit from the move.

He added: "Finance Week has clearly grabbed the imagination of the market. We need to make sure it reaches all finance professionals who would find the information useful — and that is not possible in a printed format.

"We have faced consistent demands to send more copies of the magazine to finance teams. By switching all our resources to the web we can meet that demand."

Finance Week will now publish a weekly email newsletter with the website carrying daily news.

The company is currently in consultation with staff affected by the move.

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