Rod Liddle is no longer in the running to edit The Independent, Media Guardian reports.
The will he, won’t he series of stories about Liddle reminds me of the classic Daily Sport front page: “World War Two bomber found on the moon”, which was followed by the genius follow up – “World War Two bomber disappears from the moon”.
On a more serious note, yesterday’s meeting of the Independent’s NUJ chapel voted to accept reduced redundancy terms to improve the chances of Alexander Lebedev buying the paper.
Independent journalists have decided to reduce their redundancy terms from four weeks per year of service to two weeks.
The fact they have decided to do this is a strong indication of the dire circumstances the Indy titles are in.
Journalists must have been persuaded that there is a realistic prospect of the titles closing if they don’t go for this deal.
And as many journalists have found out over the last year, statutory redundancy applies if your business goes bust – which is currently just £350 per year of service.