Observer Newspaper Sold to Tortoise Media in Historic Deal
The owner of The Guardian has confirmed the sale of The Observer, the Sunday newspaper founded in 1791, to Tortoise Media. The deal was approved during a meeting of the boards of the Scott Trust and Guardian Media Group, which owns the paper. The announcement, made Friday morning, follows a week of striking action by journalists at both The Observer and The Guardian.
Tortoise Media, a five-year-old outlet known for its focus on long-form journalism rather than breaking news, will now take the helm of the iconic Sunday paper. Led by James Harding, a former BBC and The Times executive, and Matthew Barzun, former US Ambassador to the UK, Tortoise Media is backed by high-profile investors, including tech investor Saul Klein and Nando’s executive Leslie Perlman. The company has pledged £25 million in investment for The Observer‘s future.
Harding expressed excitement about the acquisition, stating that he was “honoured” to work with the paper’s legacy. He emphasized Tortoise’s commitment to preserving The Observer‘s history while giving it a “new lease of life” as a progressive voice in global journalism.
The sale follows significant unrest among staff. Journalists at both The Guardian and The Observer went on strike earlier this week, citing concerns about their futures under new ownership. Laura Davison, general secretary-elect of the National Union of Journalists, highlighted the newspaper’s unique role in public life, stating that its journalists care deeply about the paper’s next chapter.
Katharine Viner, editor-in-chief of Guardian News and Media, reassured staff by saying that the agreement would provide investment in journalism and protect the values of the Scott Trust. She emphasized that the sale ensures the continued production of trusted, liberal journalism at both The Observer and The Guardian.
Since 1993, The Guardian Media Group has owned The Observer, with around 70 employees working on the paper. As part of the sale, staff were offered the option of voluntary redundancy with enhanced terms or a transfer to Tortoise Media on existing contracts. Freelancers were informed their contracts would be extended until September 2025, at which point they will be renegotiated.
Once a leading newspaper, The Observer‘s circulation had been on the decline until 2021, when it stopped publishing audited figures. At the time, it was selling approximately 136,000 copies each week.
Guardian Media Group CEO Anna Bateson expressed confidence in the sale, stating that the investment would preserve The Observer‘s 233-year legacy and ensure its future. She also noted that the deal aligns with the Guardian’s ongoing global growth, particularly in digital media, and reaffirms its commitment to independent, high-quality journalism.
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Prime Minister Starmer to Attend EU Security Summit Amid Tensions and Uncertainty
In early 2025, UK Prime Minister Sir Keir Starmer will attend an informal summit of European Union (EU) leaders, marking the first invitation extended to the UK since the tense Brexit negotiations. The summit, scheduled for February, will focus on future security and defense cooperation, reflecting Europe’s growing concerns over the volatile global landscape.
The meeting’s backdrop is a world embroiled in conflict, with ongoing wars in the Middle East and Eastern Europe. Russia, with backing from Iran, North Korea, and China, continues its aggressive actions against Ukraine, while the potential re-election of Donald Trump in the United States raises new anxieties. Trump’s threats to impose punitive tariffs on imports and his suggestion of withdrawing from NATO—a cornerstone of Western security—have heightened concerns in both the EU and the UK. These global uncertainties have underscored the importance of EU-UK collaboration in preserving security and trade stability.
For the EU, the loss of the UK after Brexit was a blow, stripping the bloc of a significant economy and its only major military power aside from France. The UK, meanwhile, while no longer bound by EU regulations, finds itself with reduced influence on the world stage. However, under Labour’s leadership, the UK has acknowledged the importance of a strong relationship with Europe, especially in addressing key domestic priorities such as the economy, defense, and migration.
Mark Leonard, director of the European Council on Foreign Relations, emphasized that Europe remains central to the Labour government’s success. “The economy, defence, migration… there’s a European element to all of this,” he said. “Things which will make a success of this government are tied up with Europe.”
Labour has repeatedly pledged an “ambitious reset” in EU-UK relations, and there has been notable diplomatic activity since their election victory. Foreign Secretary David Lammy attended an EU Foreign Ministers’ meeting, Chancellor Rachel Reeves spoke at an EU finance ministers’ summit, and Starmer himself met with EU Commission President Ursula von der Leyen in Brussels.
Despite this goodwill, skepticism persists in Brussels. While EU figures express a desire for closer UK relations, they remain uncertain about the UK’s position on key issues. One anonymous EU diplomat noted, “The headspace is there. The appetite is there in Europe for closer UK relations. What’s less clear is what London is really interested in—and what trade-offs it’s willing to make to get there.”
As the UK and the EU prepare for a summit in the spring, the future of their relationship will depend on the UK’s willingness to engage in meaningful compromise, particularly on issues like trade and migration. With tensions still high, the outcome of the 2025 summit will be a pivotal moment in reshaping EU-UK ties.
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