Guardian Announce £7 million in Cuts HQ Rent Rises to £12 Million

News reaches Media Guido that Monday’s Guardian staff meeting was pretty bleak.

Apparently now the landlord’s three year introductory offer is ending, the rent on their absurdly large folie de grandeur HQ has gone up to £12 million and a further £7 million needs to be found in savings. Meanwhile today the Guardian website has been live blogging an internal website developers meeting.

And they wonder why they are losing money…


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