FT hikes cover price to £1.50

The Financial Times has upped its cover price from £1.30 to £1.50 from today, making it 20p more than its rival the Wall Street Journal Europe.

The FT, which is due to come under pressure from the Wall Street Journal under its new owner Rupert Murdoch this year, maintains its position as the most expensive national title. It is set to overhaul its subscription based website and revamp the weekend edition in 2008.

In September, The Guardian became the most expensive mainstream national daily newspaper after rising its price to 80p.

It followed the Times’ decision to raise its cover price to 70p in the same period. The Daily Telegraph and the Independent both cost 80p.

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