Post by QPR Report on Dec 11, 2008 16:45:55 GMT
Kevin McGrath.. 
London Daily News
It seems Labour party members will continue to vent their spleen after troubled left wing magazine The Tribune owned by trade unionists was rescued - by a capitalist.
The 71-year-old bugle, which describes itself as "a thorn in the side of all governments, constructively to Labour, unforgiving to Conservatives", seemed doomed after the trade unions threatened to pull out a few weeks ago - but once again the activists rag has been pulled from the pulp.
Kevin McGrath, a founding member and equity partner in Foreign & Colonial Reit Asset Management and a non-executive member of QPR football club has agreed to cover any losses for the next three years after buying a 51% stake for £1.
Tribune has lurched from disaster to disaster for years, almost always relying on a wealthy benefactor to keep the rag on the printer. Lord Beaverbrook once bankrolled it and Ken Livingstone saturated its pages with adverts in the old GLC days.
London Daily News
It seems Labour party members will continue to vent their spleen after troubled left wing magazine The Tribune owned by trade unionists was rescued - by a capitalist.
The 71-year-old bugle, which describes itself as "a thorn in the side of all governments, constructively to Labour, unforgiving to Conservatives", seemed doomed after the trade unions threatened to pull out a few weeks ago - but once again the activists rag has been pulled from the pulp.
Kevin McGrath, a founding member and equity partner in Foreign & Colonial Reit Asset Management and a non-executive member of QPR football club has agreed to cover any losses for the next three years after buying a 51% stake for £1.
Tribune has lurched from disaster to disaster for years, almost always relying on a wealthy benefactor to keep the rag on the printer. Lord Beaverbrook once bankrolled it and Ken Livingstone saturated its pages with adverts in the old GLC days.