Labour Donor Dale Vince Extends Rescue Package to London Newspapers
Multimillionaire entrepreneur and Labour donor Dale Vince provides a rescue funding package for three central London newspapers. Read the full update.
POLICY WIRE — London, United Kingdom — Multimillionaire entrepreneur and prominent Labour donor Dale Vince is stepping in to deliver a rescue funding package for a trio of central London newspapers.
This financial intervention arrives nearly two years after the renewable energy tycoon experienced a setback in his attempted acquisition of The Observer.
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Previously, the major political donor had also expressed a clear interest in purchasing The Observer should ongoing discussions involving the loss-making start-up Tortoise Media happen to collapse.
Reporting by Policy-Wire (PW)





