Categories: OLD Media Moves

FT to look for new HQ, hire more staff

The Financial Times will look for a new headquarters in London and will hire more staff following its acquisition by Nikkei, reports Jasper Jackson of the Guardian.

Jackson writes, “FT Group chief executive John Ridding said the FT would have had to look at new offices even if it still owned the No 1 Southwark Bridge building, but the change of ownership would provide an ‘opportunity’ to find more appropriate accommodation.

“‘Independent of this deal we’ve been thinking about a more appropriate, more dynamic, more digital media-appropriate environment,’ he said. ‘We are in need of a new base where frankly we can bring to bear the kind of set-up a lot of news organisations enjoy. We see this as an opportunity.’

“The FT moved to No 1 Southwark Bridge in 1989 from Bracken House in Cannon Street, where it had been since the 1950s.”

Read more here.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.

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