Thursday, December 11, 2008

Disembowelling of the Telegraph Continues

Guido hears that Dan Hannan has been dropped as a leader writer and will now only “be doing occasional articles”.

Even media pundit Roy Greenslade, no friend of reactionaries, is bemused at the spiritual disembowelling of the Telegraph. Craig Brown, AN Wilson and Iain Dale have all just got the chop in what the paper’s insiders are claiming is all about economics rather than editorial tone. The “business model” is changing one source tells Guido. If you lose the paper’s character and spirit, you will lose readers.

Tuesday, December 9, 2008

Exclusive : Tribune Mystery Buyer is a Capitalist

Kevin McGrath, coyly described in the press release as “a Labour activist”, is the mystery purchaser of 51% of the failing socialist newspaper Tribune. The former parliamentary candidate and multi-millionaire property fund manager is behind the purchase of the venerable paper for £1. These socialists are really no good at business. Guido would have given them twice as much for the shares…

UPDATE : Kevin McGrath is a founder member and equity partner in Foreign & Colonial’s REIT Asset Management, a specialist investment, finance, and asset management company, which currently manages approximately €5 billion of commercial property investments. REIT has offices in London, Germany, Sweden, India and Israel.

In addition to his directorship with the Trust, Kevin is an Elected Member of Royal Institution of Chartered Surveyors, a former non executive Director of QPR football club, a current non executive Director of two plcís, a Trustee of the GSA Conservatoire, Director of the McGrath Charitable Trust, Trustee and Treasurer of the Lyric Theatre Hammersmith, a Member of Property Investment Forum, and a School Governor of the Ellen Wilkinson School for Girls.

Kevin was the Labour Party Parliamentary Candidate for the North East Hampshire constituency at the 2005 General Election.

Source : here.

Thursday, November 13, 2008

Is the Labourgraph on a Crusade Against Osborne?

Today’s coverage:

Iain Martin has been becoming noticeably increasingly incensed with the Tory’s incoherency on the economy. Today it looks like the whole editorial collective over in Victoria has decided they have had enough of George.

Saturday, November 1, 2008

Stat-Porn October : 864,178 PageViews from 644,316 Visits by 115,367 Visitors

Traffic growth is steady Guido is pleased to say. The absolute unique visitor number for the last 12 months was some 867,210 according to Google Analytics. This is comparable in traffic terms to any of the broadsheet newspapers online and although they are very reluctant to confirm this, which is revealing in itself, greater than either the Spectator or New Statesman command online.

This trend away from old media sources is reflected across the Atlantic. During the election period Drudge has scored more traffic than the New York Times according to Hitwise data. Here is something else for the mediasaurs of the Dead Tree Press to worry about: the 3 year old Huffington Post, which is squarely parked on the Gray Lady’s liberal/leftie lawn, is now more profitable than the 157 year old NYT.

Guido is willing to bet that likewise come the British general election, he will have more readers and be more profitable than the New Statesman, even combining both their online and print editions together. Particularly as the new editor’s strategy seems to be to make the articles longer and corner the market in dullness. Over to you Mr Danson…

UPDATE : Comment Central reports 867,693 page views from 725,608 visits, the Speccie reports unique users soaring to 338,053 and 2,147,545 page impressions – the Speccie page count is inflated because you have to click “read more” all the time.

Wednesday, October 22, 2008

Times Push Polling to Push Osborne Out

A Guido co-conspirator who is a Conservative District Councillor has just been contacted by the Times about whether they think that Osborne should “go”. The Times hack said they were phoning round the Tory ‘grass roots’. The journalist then said that

Most of the Conservatives I have spoken to have said that Osborne should leave by the weekend. What do you think?’

Nothing leading in that line of questioning at all.

UPDATE : The manufactured headline as required Tory grassroots: ‘George Osborne should resign’.

Tuesday, October 21, 2008

+++ Source : Times Holding Back THIRD Rothschild Letter +++

Wednesday, October 15, 2008

Wrong Kind of Rich?

Is Guido the only one who finds it a bit of a cheek that Will Hutton and Polly Toynbee are media millionaires who make their money out of condemning other rich people? They both have homes in the country and in London? Polly famously also has her home in sunny Tuscany, yet they endlessly tell us how they deplore inequality. They both sell books in large numbers and their columns are well rewarded beyond the dreams of the average and minimum wage workers they cry tears over.Guido is not going to plead personal poverty, risk brings rewards. What have Hutton or Toynbee ever produced besides words on paper, how many jobs have they created, how many businesses have they financed? Have they ever had to make payroll at the end of the month? Worried about how they were going to pay staff?

Why is making millions from pontificating (as they do) morally superior to making millions from investing in and running companies? It seems that out and out capitalists are the wrong kind of rich whereas out and out media pundits are the right kind of rich, akin to how the aristocracy of old always looked down on those in trade. Remember their own substantial wealth when they condemn capitalism.

Who really has unjust rewards – those who create wealth and jobs or those who condemn them?

Tuesday, October 14, 2008

Telegraph Editor Gushes Praise on Gordon for "Saving the World"

Just now the Telegraph’s Berkeley Hotel party to celebrate the launch of their new business section is breaking up. Proof that the Daily Labourgraph is no longer the preferred reading of the City comes in this vignette: Will Lewis announced a special guest and in walked Gordon Brown, in his speech of introduction Lewis troweled it on thick how Gordon had saved the banking system to guests including City commissar Paul Myners and Robert Peston. Some of the more traditional Telegraph reading City types were less enamoured…

Saturday, October 11, 2008

Guardianistas Frozen Cash

The Guardian Diary mocked the Daily Express for recommending investing in Icesave last week on the very same day that the firm collapsed.

Those in ice-houses should be careful, for only a fortnight earlier where was the so smug and told-you-so financial pages of the Guardian telling readers to put their hard earned savings?

Harvey Jones picked ten of the best places to put your cash, guess which was his number one destination?

Do you need a clue? You’re getting colder….

Wednesday, October 1, 2008

The Sun Shines on Dave

The Sun has made the shift. He’s ready says this morning’s leader, “This speech could have been lifted straight from a Sun editorial — from backing Our Boys on the front-line to mending Britain’s broken society. .”
It also has a dig at the Robinson / Crick line of reporting “Is he up to the job? The Labour-leaning BBC was not impressed . . . always a good sign.” Clearly the deal is sealed as far as Murdoch is concerned, he has decided Dave is going to win.

Seen Elsewhere

Cam Can Sell Euroscepticism to Europe | Peter Oborne
Treasury’s Laws There to Be Broken | Jill Kirby
Dave’s Pro-Free Markets Speech | ASI
Forget the Nimbys, Bring on the Bimbys | ConHome
Emily is No Snob | Islington Tribune
Cam’s Red Line | Sun
Politicians Must Examine Their Extincts | Laura K
Immigration Lies | Nigel Farage
Take That Mr Speaker | Quentin Letts
How Avoidable Scandals Destroy Stupid Politicians | Alex Wickham
UKIP Mosque Confusion | The Week


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UKIP’s Patrick O’Flynn:

“I think Mail online comments are a telling indication of public opinion.”



Left on Left says:

The lefties are attacking because the panellist is a millionaire and lives in a London home worth upwards of two million. Someone had best tell them he’s called Ed Miliband.


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