
Herald Owners to go Under Competition Spotlight
09/07/2007
The owners of the Herald group of newspapers are to be investigated by the organisation that gave them the go-ahead to purchase the titles in the first place.
The Competition Commission has announced it is to re-visit assurances made by Newsquest when it purchased the group - including The Herald, Sunday Herald and Evening Times - four years ago.
It follows a campaign by the National Union of Journalists to have the terms of the purchase looked at again in the wake of a proposed budget cut of three million pounds - which has led to both voluntary and compulsory redundancies and resulting fears that the quality of the papers is being driven down.
Confirmation of the Competition Commission’s decision came in a letter to SNP MP, Pete Wishart, who has backed the NUJ effort.
Newsquest bought the titles from SMG, giving - at the time - assurances about maintaining quality.
The NUJ’s Scottish Organiser, Paul Holleran, said: “We are delighted and want a full investigation, into all the facts. We feel guarantees have been breached.”
On Friday, the NUJ will learn the result of a ballot for industrial action, including strike action, in response to the compulsory redundancies - at the Evening Times.
The Competition Commission has announced it is to re-visit assurances made by Newsquest when it purchased the group - including The Herald, Sunday Herald and Evening Times - four years ago.
It follows a campaign by the National Union of Journalists to have the terms of the purchase looked at again in the wake of a proposed budget cut of three million pounds - which has led to both voluntary and compulsory redundancies and resulting fears that the quality of the papers is being driven down.
Confirmation of the Competition Commission’s decision came in a letter to SNP MP, Pete Wishart, who has backed the NUJ effort.
Newsquest bought the titles from SMG, giving - at the time - assurances about maintaining quality.
The NUJ’s Scottish Organiser, Paul Holleran, said: “We are delighted and want a full investigation, into all the facts. We feel guarantees have been breached.”
On Friday, the NUJ will learn the result of a ballot for industrial action, including strike action, in response to the compulsory redundancies - at the Evening Times.
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comments
- "While the Competition Commission has its job to do where is Scotland's First Minister? Why is he not contacting Gennett Corporation, the American parent of Newsquest, and demanding that they act to prevent local management from irreperably damaging the titles?"
patsy 09/07/2007
report content as inappropriate - "here's hoping this corrupt company is made to pay for stealing from the people of scotland."
shinyhappyperson 09/07/2007
report content as inappropriate










