Reuters plans to build an editing operation in Nottingham, reports Judith Evans and Nicholas Megaw of the Financial Times.
Evans and Megaw write, “The company will create a text sub-editing operation in Nottingham’s Chapel Quarter building, which it hopes to be up and running by the end of this year. It already has an office in the city, but no editorial facilities.
“In an email to staff this afternoon, Reuters European editor Richard Mably said the move will allow the company to bring more consistency to its editing operations and ‘give staff the chance to work outside expensive locations such as London, Singapore and New York.’ The company declined to comment further.
“The average house in Nottingham costs £134,000 compared with £468,000 in London, according to the Hometrack UK Cities House Price Index. Prices have risen much more steeply in the capital — they are up 80 per cent since 2009, compared with 23.8 per cent in Nottingham.”
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