The multimillionaire and green energy entrepreneur Dale Vince is to invest in the Camden New Journal along with its sibling titles, Islington Tribune and Westminster Extra, as part of a “rescue package”.
In an announcement across the three titles this week, Vince says he greatly admires their reporting and wants to do everything in his power “to help secure the future of the journalists who go above and beyond to ensure London is properly served with news and campaigning and investigative reporting at its heart”.
The announcement states the CNJ and the other titles will remain independent and the “partnership” with Vince is not something the co-operative that runs the printed papers and online news sites takes lightly.
Editor Richard Osley said: “Our staff would not enter a partnership lightly; we were not open to any offer — but we have seen that Dale’s team understand the importance of a more plural media landscape, and of creating spaces where local and national conversations can encompass wide-ranging views.”
Both the Camden New Journal and Westminster Extra weekly papers are widely read and respected in Fitzrovia by residents who seek reporting on the goings on at Camden and Westminster councils, with the former providing essential coverage of next month’s Holborn and St Pancras by-election.
Vince, who is the owner of renewable energy company Ecotricity and majority owner of Forest Green Rovers football club, has donated to both the Green Party and the Labour Party, and has been a vocal supporter of the Palestinian people and highly critical of Israel’s genocide in Gaza.
He has called for more tax on rich people like himself and previously tried to buy the Observer newspaper when it was put up for sale by the Guardian Media Group.
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