The decision provoked fury among staff. One senior journalist said: 'People are stunned and outraged by this news'
The decision provoked fury among staff. One senior journalist said: 'People are stunned and outraged by this news'
The move paves the way for the world’s oldest Sunday newspaper to pass into the ownership of a start-up with losses of more than £16m since its launch in 2018.“The fact the deal was approved during the first walkout of our journalists in over half a century just shows the disregard our management have for the opinions of staff.
The investors include investment platform Standard Investments, which is owned by global industrial company Standard Industries, and This Day, a philanthropic foundation set up by South African billionaire and Labour Party donor Gary Lubner. James Harding, editor and founder of Tortoise, said they are “honoured and excited at the prospect of working together to renewHe said: “We admire its temperament, both tolerant and humane. We love its appetite for the arts and, of course, food.
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