The company, which is owned by Guardian Media Group and backed by charitable foundation The Scott Trust, plans to make £25m of savings over the next five years and to prioritise digital over print.
Owned by the Scott Trust Limited, not a charitable foundation at all.
The Guardian will continue to publish in the morning, but will focus on analysis and opinion instead of reporting widely available news.
Entirely sensible. Of course it\’s only been going on for decades, that news is something we get from the radio, TV or web, newspapers really being to tell us what it all means. But better late than never…..