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Raymond Snoddy on media: FT's problem is not the news, but the paper
Andrew Gowers, the editor of the Financial Times, has been making it his business to spread optimism in recent weeks - an understandable thing to do in the circumstances. Pointing to improving international sales, he told The Guardian recently that the pink organ would return to profit within a year after losing £32m last year.
Losing 60,000 readers is a curious definition of 'ascendancy'
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