Why are shares in the big regional newspaper companies so depressed at the moment? Johnston Press, for example, "s at its lowest level since the dark days of post-bubble 2001"

"[Richard Desmond £40 million] payout is bound to inflame unions: it was made in the same year that Mr Desmond unveiled plans to make one in ten journalists on his national newspapers redundant."

"Daily Express owner Richard Desmond paid himself over £40m last year, according to [Northern & Shell] accounts due to be made public this week." N&S turnover ws £460.5m; pre-tax profits were £9.1m.