How Hacks Work

Guido has had three calls today, obviously coincidental, from hacks asking how this blog is financed. (Clue: can you spot any adverts?)

Rajeev Syal said he was calling from the Guardian, although Guido thought he was the Observer’s investigations editor, we talked about how much the Guardian was making from Tory adverts on their website, the tax advantages of the ownership structure of the Scott Trust and the Scott Trust’s use of Cayman’s registered offshore companies to buy the EMAP magazine group.  He asked Guido similar questions, than an odd one popped up:

Q. Has Lord Ashcroft or his representatives offered to buy you?
A. If he wants to pay a couple of million, c’mon down Michael.
Q. So you would sell?
A. If James Murdoch is interested and the price is right he can have it as well, tell Alan Rusbridger to send over his bid too.

So apart from natural curiosity as to who is trying to plant the story, Guido wonders: what headline is Rajeev aiming at?


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Quote of the Day

Lucy Allan explains her positive comments about the Brexit Party…

“If EU elections are held, Leave supporting voters will want to vote for Leave supporting candidates… Usual party loyalties will be eclipsed by the Leave v Remain divide. It’s good to see strong candidates in the Leave camp. However, I sincerely hope we leave the EU before these elections are held so that we can move on and not waste time and money on unnecessary EU elections.”

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