London is set to form part of a planned $50m international expansion of the New York Times.

The US title already has around 65 staff in London, including around 35 editorial. Under the Our Path Forward scheme, the NYT is planning to further expand its online footprint in English-speaking markets around the world.

In a memo to staff the company said today: "Just as The Times became a truly national news organisation in a previous generation, we believe we now have the opportunity to become an indispensable leader in global news and opinion.