thelondonclosure denied
In response to the rumors, voiced by the Guardian this weekend (see previous post) a spokesperson from News International said yesterday:
“thelondonpaper has established itself as the capital’s leading afternoon paper with an audited daily circulation of over 500,000 and strong advertising revenue. News International, the UK’s largest national newspaper company, has backed its confidence in the long-term future of the industry with a recent £650 million investment in next generation print plants. We intend to build on the success of our market leading national titles and that of thelondonpaper in the years ahead.
According to yesterday’s Guardian, News International will reveal a reorganisation plan for the company later this week.