The guardian media group owns:
· The Guardian
· The Observer
The Guardian is financed in a different way from the other newspaper, and it is the only one in the Uk to do so.
In 1861 , the editor of the Guardian was CP Scott (who was also an MP), who published his newspaper with the principle of 'public responsability', that was based on integrity and honesty. When he died he left the newspaper, to the Scott brothers, but they had to pay 'death duties' which means that you need to pay when someone of the family dies, so they created a trust with the sole ownership of the paper.
In 1956, the Editor published an article against the war. The Scott Trust supported him, because the Guardian is based on ‘liberal journalism.’
[All the family money was given to the trustees to be invested in the newspaper, to keep the guardian. The principle on which the guardian is based are ethic, honesty and integrity. In fact, they were not part of the phone hacking scandal.]
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