
This month has been bleak for print journalism in the UK. The Independent and Independent on Sunday newspapers folded. The Guardian has lost more than £100m over the last year, and is looking to slash £54m from its annual budget to make savings. Redundancies are rife.
Although current affairs magazines, like the New Statesman, Economist, Spectator and Private Eye, are growing, the future is looking increasingly like chip paper for the hard copies of British daily papers.