Broke Guardian Selling the Rest of the Auto Trader Silver

Somehow Sky beat the Media Guardian to the story in their own backyard – GMG are selling their remaining 50% stake in Auto Trader for up to £600m. Things must be getting really bad…

Of course it was the sale of the first chunk of the car classifieds goldmine that employed the finest tax avoidance techniques known to the Cayman Islands. Guido will be watching this sale closely…




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Quote of the Day

Paul Goodman as sagacious as ever on Arron’s entryism…

“… one must watch for former UKIP donors and a very few left-of-Party-centre MPs propping each other up, like drunks at the end of a pub crawl. It suits the former to claim the power to organise a programme of mass infiltration. It suits the latter to react by complaining about extremist entryism. The rest of us should keep a cool head.”

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